Exactly, you paraphrase (incorrectly) then assume. Your point, in turn is false (top 1% owns wealth equal to bottom 40%), then you follow this up with some complete bull shit about taxing at 100% (look up the laffer curve).
You are just trying to paint me as a member of some mob from the French Revolution.
If you don't understand Libertarian Socialism, which I have indicated is the political philosophy which I currently identify most closely with, and you do wish to understand it, then go look it up. I understand other political philosophies and I don't incorrectly ascribe views to anyone who identifies with a political philosophy I don't understand. If I want to understand a well defined political philosophy, that is internationally well known and recognized and over a century and a half old, I read about that philosophy. I don't call a goose a duck.
Are you interested in understanding or spreading disinformation?