No. Tax consumption, not wealth or income.
Yep. Consumption tax, and a consumption tax alone, would be the real only fair tax.
Income taxes punish hard work and tax the measure of your contribution to the economy (your salary).
Wealth taxes and investment taxes punish another input to the economy, because without investment, we have no economy.
Consumption tax taxes/punishes how much you take OUT of the economy.
Actually this wouldn’t be a bad idea if coupled with a National Retail Sales Tax. Taxing wealth and consumption would be far more pro-growth than taxing capital gains and wages.