That is popular thinking right now but exactly the opposite of what makes economic sense. Taxing income is counterproductive - an economy should reward, not pe

That is popular thinking right now but exactly the opposite of what makes economic sense. Taxing income is counterproductive - an economy should reward, not penalize, the creation of value, whether that is individually or in groups/companies. But taxing wealth is even worse - savings and investment are what generates higher rates of productivity. By far the best thing to tax is consumption. But it will always be unpopular because it just seems unfair since people must consume to survive. But it's the only truly fair tax, since it actually makes taking from the world more expensive, rather than making contributing to the world less valuable/profitable.