Dude, you'd create a disaster with that taxing wealth thinking. You are right though, "Wealthy" people pay smart people alot of money to shelter themselves under the current tax system. Actually, the best way to make "wealthy" people pay taxes is to go to a consumption tax, if thats your goal. What it does for all people, is have control over their own money. No taxes on income, just when you spend money.
Well, that may be true. I am not after any specific group to be paying more or less taxes. Nonetheless, a consumption tax would facilitate the non-taxed wealthy to maintain the vast bulk of it, essentially all of it being untaxed, while paying just a pitance on their grocery bill items....not agood idea at all.