That's an income tax, not a wealth tax.
The zakat in Islam is a wealth tax. It is calculated based on how much wealth you have continuously controlled over the last year.
Re:Modeling a Wealth Tax
by abiogenesis on Tuesday August 18, 2020 @09:26PM
(#24206259)
Correct. And it's not negligible either at 2.5% per annum according to some sources.
I think most people who pay a tithe base(d) it on income, not wealth, so it doesn't have the snowball effect that a wealth tax does. Islam's zakat is the only exception I know of, but IIUC even that is paid only on excess wealth.
Now that it's an elected government instead of an opaque non-profit providing social services, they've become unpopular with the wealthy. I suppose the government can't assure you a place in God's Kingdom :-)
https://en.wikipedia.org/wiki/Tithe
Edit: certain of these are based on land, not income; see the article.