I've thought for a while about a progressive tax rate of N * log(asset value). Not income tax. So if N = 1, entities with $10,000 in assets pays 4% taxes. $1M

I've thought for a while about a progressive tax rate of N * log(asset value). Not income tax. So if N = 1, entities with $10,000 in assets pays 4% taxes. $1M pays 6%, $1B 9%. Then let N be the point of adjustment. I say entities because I mean every person and corporate entity. Same rate, across the board for everyone and everything. If companies want to pay less taxes, then everyone with less money than they do benefits as well. Never happen, but hey, it's a thought.