> One thing to take into account is inflation. Rich people don't contribute to everyday inflation as much. Distribute money from rich to poor and you have the p

> One thing to take into account is inflation. Rich people don't contribute to everyday inflation as much. Distribute money from rich to poor and you have the price of jets and basketball teams going down but the price of cheeseburgers going up. It's not that clear. For example, the vast majority of money supply during the COVID crisis went straight into the financial system. The relationship to inflation is diffuse, but it's still there, as now huge companies can borrow at close to zero interest and depending on supply, this will create inflation. Also, in Europe the progressive taxation basically does what I just told you, there is enormous support for the poorest and they have a functional society with manageable inflation. Regardless, my main point was that 115B per year going to the poorest, be it directly or indirectly (healthcare, social services, etc.) is a significant amount of money.