Comment by noyoudumbdolt

Not a broken premise at all. The focus on the ultra rich is mostly just a political ploy since it's easy to villainize extravagant wealth. But the vast majority of income (I'm including capital gains in this) is made by the middle class and wage-earning upper class, not by the ultra rich. If you take all the wealth of the ultra rich and distribute it evenly, every person would get a one-time, nice, but not life-changing check (somewhere between $70k and $150k). And then next year everyone is mostly back where they were before except you can't raid the ultra rich again since you just wiped them out.