Automated wealth redistribution

Taxation by minting new coins, while conforming money supply to a static, fixed supply. The supply of coins is fixed with function supplyRatio() returns(uint) { fixedSupply/totalSupply }. Automated wealth redistribution is enforced with minting totalCoins * tax new coins.

Balances conform to supplyRatio,

function getBalance(address _entity) returns(uint) {
    return balanceOf[_entity]*supplyRatio();
}

Payments conform to supplyRatio,

function payment(address _to, uint _amount) {
     transfer(_to, _amount/supplyRatio());
}

Universal basic income implemented by minting totalSupply*tax/population new coins per person, periodically.