I have long been wanting this kind of taxation to happen. It seems the most fair as the wealth increase created from ex. owning lots of land or building is mostly done by the rest of society not by the individual purchase of a building.<p>So basically we should tax money that lazy and give tax breaks to money that are actively working.<p>This also correlates with how economist normally want the economy to work. When everyone spends money wealth is created. You could say that people who make less money are better citizens from that perspective in that they are more likely to keep the economy going than those who just let it sit and collect in the background.