Well, all of the money that moves into the bank accounts will be taxed. Won't the hit on that tax affect the poor more than the rich? Sure the rich might take a

Well, all of the money that moves into the bank accounts will be taxed. Won't the hit on that tax affect the poor more than the rich? Sure the rich might take a larger hit in absolute terms or even relative to the size of the money taxed, but the poor take a larger hit in that the money being taxed may be a life's savings pool (i.e. relative to their overall wealth / net worth).