Very idealistic to think that the redistribution of all that money wouldn’t just cause mass inflation! Also, mot of the money is tied up in companies. They don’t just have the money lying around. There would be no one to buy all these assets. I get the sentiment, that they make money from the work of their employees. At some point companies become to big to fail but when someone is starting a business the personal risks and investment someone takes to grow a company also should be respected.

We don’t produce nearly enough for everyone to be get fully all the things they rely on while barely anyone works. Thats not how the economy would end up working. We need a social safety net, so no complete free market which is toxic but as much as I dislike some billionaires your proposal is just not realistic and fantizises violence without accomplishing anything