If the income tax was a flat rate, so people can earn whatever and pay the same, but there were higher taxes on investments, it would mean that the richer who can invest, will still make gains, but not as much. The incentive should be there to work and add value in some way to society, not just make money.
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In fact, it's crucial to strike a balance that doesn't penalize the lowest incomes. I'm very bad at economics (not small-scale economics, but big economics like a country's), so it's hard for me to go any further here. That said, applying higher taxes on investments for the wealthiest seems like a viable solution.