Comment by ReflectedImage
17 days ago
Really? Because 50% of the UK wealth is in the hands of billionaires. So everyone in the country would suddenly be twice as wealthy (excluding the billionaires of course).
Perhaps you should check the facts before making statements like that!
In the times of AI it's really easy to verify the question above. I had literally just copied it to the chat and made a research (also asked to cite and manually verified the links).
So it says there are 57 billionaires in UK with total worth of £182 billion. Non-billionaire wealth is £10.13 trillion, btw, so it's definitively not 50%. UK population is 68.3 million people. So everyone gets their £11,311 and that's it.
UPDATE there are £772.8 billions if you include non-UK citizens, but happen to live here. If you seize their money as well that will give you the total of £11K
It’s a straw man cause you don’t have a windfall redistribution as only option