> if taxes are increased and the money is distributed directly to the workers
This is unlikely, taxes and laws are always overseen by lobbyists who are funded by the wealthy. I can't imagine a situation where they would vote themselves into a worse situation.
If they ever appear to, know the harm they face would be to their advantage (such as crushing startup competition or preventing litigation).
Perhaps this seems like an overly jaded take, but please reference this Princeton study that found the wishes of the US population have had no real effect on laws for decades.
https://scholar.princeton.edu/sites/default/files/mgilens/fi...
TL;DR: https://imgur.com/a/tvqQXFc
Furthermore, I don't think that is the underlying assumption held by people who say we should tax the rich to fight inflation.
If I understand you correctly, I think where we disagree is the effect of Taxation. If the government tax the wealthy and incinerated it, then yes, I agree that would reduce job growth, wage competition, and inflation. However, if taxes are increased and the money is distributed directly to the workers, I would expect this to increase inflation.
Do you think job creation from capital reinvestment is a stronger driver of inflation then putting that money in consumer pockets?
The only ways to reduce inflation is to increase product Supply or reduce demand. I don't think that taxing the wealthy will increase Supply and I do think that giving workers more monetary transfers or a lower tax burden increases demand.
You simply can't reduce inflation and while increasing consumer purchasing power while holding supply constant.