Let us be clear. The Government can create any amount of money they wish to shape a society which is good for all of us. If that money creation is inflationary, they can remove some of it from the rich through redistribution.
But that extra money the rich have is just saved. Into banks where it’s not used to do anything. Therefore it doesn’t have an effect upon inflation, does it?
That is, you can’t reduce inflation by taxing the rich.