Not that I see

. A broad-based tax cut, for example, accommodated by a program of open-market purchases to alleviate any tendency for interest rates to increase, would almost certainly be an effective stimulant to consumption and hence to prices

No, under the current system  asset purchases generally means government debt, the gain from which returns to government in seigniorage fees.    You are applying a bond tax to help government stay afloat.  It would be slightly deflationary, reduce bond demand,lower bond prices. raise rates.

We end up paying taxes on bonds to replace taxes on wealth income; in one extra half step. The slightly is because it is a short roundabout, little loop costs.