Earlier quoted context omitted.
Who is going to do the redistribution and how? It sounds nice, these people have too much and these have too little, let’s optimise. But redistribution via taxes imho leads to politicians having larger budgets for scoring political goals. And anyway how is it meant to work? If you equalise assets, you’ll find wealth drifting away from it again, as some eat through their assets and some invest/save. It’s a known effec…
You don't directly redistribute. You set taxes and economic policies to target free-market wealth redistribution. That is, find instances where there is significant distribution of money from the poor to the rich and find ways to add friction to those markets. Like landowners renting out housing. Suck large amounts of money out of the housing market by taxing commercial loans used for residential real estate, doublin…
This might work for relatively small and single-nationality countries.