That’s the fallacy of their thinking; it wouldn’t “end” poverty. If all wealth were gven equally to every person on the planet it would not be equal for long. It would be far worse because the wealth producing people would disappear if everything was going to be confiscated all the time.
Exactly what I posted earlier, and has been played to deaf ears for well over 40 years.
Tax the rich, Feed the poor,
til there are, Rich no more
How ‘bout the Anderson family reunion ??
Not many folks do math apparently.
However many people (3 billion, 2 billion 1 billion?) are in ‘poverty’, divided by that 240 billion wouldn’t lift anyone out of poverty.