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by danbruc 3071 days ago
I am not sure what you are suggesting. My point is that there is not really that much money to redistribute. To make it concrete, let's say you have a company with 10,000 employees making an annual profit of $1B before labor costs. In that case you could pay everyone $100,000 annually. Or you could take away 1% from everyone paying them only $99,000 and give yourself a nice $10,000,000 pay check every year. You are now 100 times better off than your employees but they individually just lost 1% each. So while being 1% better off might have some compounding effects in the long run this hopefully illustrates that there is often not really that much wealth at the very top if you see it in relation to the large number of people you want to redistribute it to.