redistribution of wealth

Popular Terms
Central tenet of most modern economies whereby a nation's wealth is channeled, from those who have more to those below a certain income level, through taxes that pay for welfare benefits.

Use 'redistribution of wealth' in a Sentence

A socialist state often relies on the redistribution of wealth, where everyone produces to the best of his or her ability, and then the resources are redistributed to everyone as he or she has need.
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I was not a supporter of the redistribution of wealth and it made me really unhappy to see half the people in the class support it.
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You need to understand how the redistribution of wealth will affect your company and be ready to make the changes needed.
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