If we were behind the veil of ignorance, I think most economists would choose a consumption tax of some sort as that's both the least distortive and one of the easiest to administer, with transfer payments added on top to achieve the desired level of 'progressiveness'.
Wealth taxes only really make sense if you want to hurt the rich, NOT to raise revenue. (Well, strictly speaking a one-time, no-warning, credibly-promise-to-never-do-it-again wealth tax is a good way to raise revenue. But governments can't credibly promise such things)
Wealth taxes only really make sense if you want to hurt the rich, NOT to raise revenue. (Well, strictly speaking a one-time, no-warning, credibly-promise-to-never-do-it-again wealth tax is a good way to raise revenue. But governments can't credibly promise such things)