The most important realization we must awaken to is taking from the rich and giving to the poor makes all parties worse off.

The rich won't work as hard to make more, because they know they're being robbed at gunpoint.

The poor won't work as hard, because why would you - you are getting a free handout.

The net income loss of the society is therefore doubled. If you start taxing at extreme levels and giving to the poor at extreme levels it just compounds. A society like this will tend to unravel pretty quickly.

Unfortunately, most democrats/socialists don't see this yet.