Inflation taxes the wealth of all savers -- this is unavoidable.
Currently many countries have, or are proposing additional wealth taxes that are graduated in amount (What the original article is discussing).
>blame wealth tax for the faults of inflation
Who made this argument? Not me. You've misrepresented me pointing out that engineering inflation is a tax on all wealth (including average Joe's $800)
Best of luck to you in thinking that people writing words in a book in marble buildings can magic more food into existence.
Since you need it spelled out again: unlike inflation, actual wealth tax will not take $16 from your Joe because in case of actual wealth tax, $800 is three or four orders of magnitude below minimum taxable amount of savings.