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They are not trying to solve it. They are pretending to solve it by masking the underlying issue and making things worse in the proccess.

I don't have high hopes it will solve anything, but I'm also not sold on it making anything significantly worse.

Worse for whom? If it's for people richer than me, I'm okay with it.

That is completely obviously not what they meant

Everybody who is richer than me are bourgeois scum and should have all their property confiscated.

Everybody who is poorer than me are lazy bums and shouldn't get any more help.