There is a misconception that "the rich" have a safe and hoard a bunch of money so no one gets it. Truth is, a bank savings account Only is FDIC insured up to $250 thousand. So where do the millions go? The majority goes to stocks and Bonds. For example, everyone that enjoys Google being free, there would be no google unless Venture Capitalists, "the rich" invested and wanted shares. Nor facebook or any other service you like. Industry, jobs, technology, these were possible from rich investors. The other are Government bonds, where a rich guy gives his money to the government and the government SPENDS the money while giving the rich guy a stipend of 3-5% of his or her money so they can spend the rest. The other is real estate, where rich people buy investment and rental properties and the free market determines rents. Then they are taxed on top of that, with Federal and State income tax.
International investments allow poor countries to have Starbucks, Walmart, Google and begin the entry into the Capitalist system. A TINY portion is hoarded by the rich. Still a damn good life, but you cant Spend $100 million on cars and jewelry(Nba stars excluded)
Liberals would Shift this to 80-90%+ in straight taxes, not Google, growing the economy, new jobs, no..the government will spend the money on "your behalf"
