That's not accurate. First off, we're not talking about "giving extra billions to people", we're talking about either letting them keep what they already have or taking it (stealing it) from them.
Taxation is theft right ? Let's leave the morality for now and talk about it in terms of utility. After all, when people talk about what's wrong with Communism the first thing they say is "it doesn't work".
Also, people with billions can only consume so much. I doubt the lifestyles of someone with 50 million is much different than someone with 50 billion. You can only live in so many houses, drive so many cars, eat so much food, go on so many animal safaris and space trips. Most of their money is invested in their company and/or the stock market, funding companies to invest in productivity & innovation etc.
Sure but they are still defacto leaders and allocators of resources. It makes sense for people to keep what they have earned as it creates a meritocracy and offers incentives.
Ok if we're really talking meritocracy, then the obvious conclusion is if Jeff Bezos died tomorrow, instead of giving his billions to his kids we'd give it to the smartest people. That's not the government, and it's not poor people. His billions should go to ie: Warren Buffet, because he's the greatest allocator of resources to ever live.
But bugget has his billions. We could best use it to create a better environment for current & future entrepreneurs.
You and I are squabbling over who should get the resources, but who are we and what are our qualifications to decide this?
We talk about everything on here. If it was about what we're qualified to talk about, I would have: acting, math, project management and improv.
We've accomplished jack ****. Who are politicians to decide this? If we want a meritocracy, shouldn't we be making a system to have the best decision-makers and resource allocators (ie: the very wealthy) in charge of how government should spend its money? Or would that just make them richer?
Government just sets the rules for the gaem.