In Colombia, the tax on capital accumulation was used initially as a supplementary income tax, and now as an independent tax of transitory nature. This tax is a resources generator, destined to different aims for the contribution to public safety and improving public finances alternately. This paper compiles the various national rules that have regulated it, particularly since its introduction to the Colombian tax system in 1935 to the last tax reform in 2014 and some theoretical positions taken by international organizations on the Wealth Tax, whereby it is intended to review the evolution in the presence or absence of tax principles of equity, efficiency and progressiveness contained in the constitution of Colombia respect Colombian tax system.