Please do check my work on this, and cite what you have.. but from what I am seeing in the data, if we simply collected a fair tax from billionaires we could literally eliminate all poverty in this entire country at the 100% FPL level.
@codinghorror I proposed a few times with my friends to cap wealth at 1 billion. But they all think it's too much. 100 millions max wealth seems to be a good value...