Net worth taxes exist in a small number of places in Europe. It appears to be unpopular because it causes people to hide their assets and invest in assets that

Net worth taxes exist in a small number of places in Europe. It appears to be unpopular because it causes people to hide their assets and invest in assets that are harder to place a value on. Some places just have a property tax instead. Revenue is taxed in many places; it’s called sales tax. Profit is also taxed. It is called an income tax / corporate tax.