Everything old is new again. This happened in Sweden in the 1970s and continued into the early 1990s. Wealthy Swedes had to plan their escape because if they just left, the tax authority would come after them in their new countries. So they had to set up offshore trusts in places like Luxembourg years ahead of leaving and put all their wealth into the trusts. Sweden finally wised up and stopped. Norway apparently didn’t learn that lesson and took up what didn’t work for the Swedes.
The Netherlands had this policy also. A friend of mine’s dad lost everything to the wealth tax. He was a retired machinist living modestly, but the wealth tax slowly eroded all of his savings leaving him broke. My friend came to the USA to escape this fate.
It is impossible to productively tax wealth. Income, yes, real estate or tangible property, yes, consumption, yes, but wealth that can be converted into fungible money, will always be spirited away from the reach of the tax collector.
And corporations do not pay taxes. They collect them from their customers, clients, and patrons as a cost of doing business, and pass them through as part of the value of the goods and services they sell.