No one has tried the Huey Long "Share our Wealth" plan. Huey wanted to exempt the first million dollars of income from any taxation. That would be about 12 million today. So you know whose ill begotten gains he was coming after- the absolute top of the One Percent. Especially since LBJ's "Great Society" years, the "redistribution" has been from the middle class to the elite. The goal is to squeeze out the middle class altogether. Huey's plan would have empowered and greatly expanded the middle class.
And that's the problem with redistribution schemes
No one has tried the Huey Long "Share our Wealth" plan. Huey wanted to exempt the first million dollars of income from any taxation. That would be about 12 million today. So you know whose ill begotten gains he was coming after- the absolute top of the One Percent. Especially since LBJ's "Great Society" years, the "redistribution" has been from the middle class to the elite. The goal is to squeeze out the middle class altogether. Huey's plan would have empowered and greatly expanded the middle class.
Sounds more like the 'Keep your hands off our wealth' plan, which would be a good start!