I wish these kind of comments were backed by some numbers. European welfare states are paid for by taxes on the middle class. The wealthy already pay taxes disproportionately and taxing the wealth itself has an obvious problem, it's stock not flow, so given government spending it will last you a few years at best. Then what?
The way to fix the economy is to bring one metric back to what it was when the economy supposed ly worked in the past - per capital government spending