It is rapidly becoming evident that all direct and indirect income sheet and balance sheet liquid value (including that held indirectly through corporations) ov

It is rapidly becoming evident that all direct and indirect income sheet and balance sheet liquid value (including that held indirectly through corporations) over a very large sum, say $30 M USD in income and $300 M in property indexed to inflation, should be taxed heavily and redistributed as monthly prosperity dividends to all citizens to ease the burden of ultra capital concentration due to many factors and causing many corrosive socioeconomic problems leading to third-world like inequities. It would also put money back into the economy due to the higher MPC (due largely to the inelastic nature of non-discretionary expenses) of people who aren't UHNWIs. While this would lead to some customary inflation, it overall would stabilize the purchasing power of individuals and make any UBI scheme moot. Without enacting such a scheme, the long-term conclusion will be a dystopian future with several trillionaires, 10 billion impoverished people living in favelas, and an infinitesimal middle-class confused and unaware that anyone has a problem. Already, there are 2-3 million people sleeping rough in the US (5-6x higher than actual figures because the way they count unhoused people has been debunked as wildly inaccurate and flawed.)