I had the same reaction. It also seems easy to pull apart. What about disabled people who are unable to work?

I think something more like "investment income should be taxed at a higher rate than income earned through labor," accomplishes similar goals but is more intuitive and less problematic.

What will they think of next? tying healthcare to employment that you lose the moment you get fired to meet quarterly profits? Madness i tell you!

Not as dystopian as the ability to get wealthier without working and pay no taxes (and even IF you sell to realize gains, your tax liability is still lower than someone who made money through labour)