This is made to sound like something is being taken from the other 99%, but that's probably not true. First of all, most people down really own anything of val

This is made to sound like something is being taken from the other 99%, but that's probably not true. First of all, most people down really own anything of value, if anything they owe. In proportion to practically anything else, stocks have gone up like crazy and those 1% own a lot of it. They also are explicitly and implicitly the creditors of that debt. Stocks going up creates even more debt via the wealth effect. The real redistribution from the bottom to the top will happen as follows: Stock market crashes, massive defaults on debt and massive dollar devaluation. Lots of IRAs will be fucked. Don't be left holding the bag!