lol.

If you made the top %1 liquidate all their assets to give to others everything would stop working. You would create more problems than ever.

Somebody would have to buy the assets, and because we are doing away with anybody who would have the sort of money to buy the assets, you would likely deadlock long before you would get 34 trillion out of the system. Like its mind boggling what you said. Where would this money come from? Other 1%ers who would then have to sale their assets?

Folks, Net Worth is not tangible, and even less tangible if you required a mass amount of folks to liquidate. It would simply drive prices down to a point where they were no longer in the 1% and then our economy would simply pop.

Every major system that moves money (this is what we want) would grind to a halt, and the folks you want to steal money for would simply have no job and have no cash flow.

But beyond that, stealing money assets, or even in this case "net worth" is immoral.

Bezos was a nobody driving a Honda Civic, folks just mad he drives a rocket now.

So, you just gave the economy a one-time spending boost while "destroying the billionaires as a class". Let us also say that this action had no effect on purchasing power of the dollar, which is now mostly based on willingness of the rest of the world to trust it. (There are countries where 100 000 units of local currency won't buy you a nice dinner, but the US has never gone down this road, so most Americans just do not take this risk into account when modeling revolutionary changes.)

A year passes. Now what? No more billionaires to fleece, but the population demands some more, because spending windfall money is such a fun. So the next move is to fleece the millionaires...

Already the Ancient Greeks knew quite a lot about populist rule and its consequences. And the 20th century definitely tried it out in much larger dimensions, to much worse outcomes.