Did you finish the article? They're not literally suggesting that all capital income be redirected by the government, but instead suggesting that the government

Did you finish the article? They're not literally suggesting that all capital income be redirected by the government, but instead suggesting that the government should build up a fund that owns capital assets. > The US federal government would employ various strategies (mandatory share issuances, wealth taxes, counter-cyclical asset purchases, etc.) to build up a big wealth fund that owns capital assets. Sure, wealth taxes does mean effectively redirecting some of the capital income earned by other people, but that's basically what all taxes do anyway. And I'm not sure what "mandatory share issuances" or "counter-cyclical asset purchases" mean. But the end result is they're suggesting that the government should own a set of capital assets rather than just relying on taking money from citizens that own capital assets.