Correct. This is doable but the pushback is likely to be immense. Not to mention such a programme is quite expensive and you will have to forcibly appropriate

Correct. This is doable but the pushback is likely to be immense. Not to mention such a programme is quite expensive and you will have to forcibly appropriate wealth in some forms. And probably introduce major savings too. UBI potentially would work on this, the question remains if you'd buy of masses politically that way. That could be the end of republic as is known.