The most massive redistribuion of wealth occurred in a kind of reverse Robin Hood effect in the US between the time Reagan came into office in 1980 through Bush Jr.'s second term in 2008. The redistribution funneled the nation's wealth away from the vast majority of Americans and toward primarily the smallest fraction of the population, just 1% of the wealthiest plutocrats. The next 4% also received some additional wealth.
This wealth was immorally funneled away from the rest -- 95% of Americans whose wealth decreased, as can be seen in this chart.
The next time you hear anyone on the Fox Noise Machine (Fox "News" Channel) hysterically and ridiculously accusing President Obama of this, attempting to scare the Nation into believing that everyone should beware of Obama, let them know that No, on the Contrary. It was Reagan and Bush, and Clinton to a degree with the "Contract On America" Gingrich congress, who were the true believers in "redistribution of wealth," and who accomplished it on a massive scale.
If we are lucky, President Obama will succeed in correcting the Reagan / Bush's immoral legacy of coming after your money and "redistributing it" to the wealthiest among us. Please see the Citigroup Plutonomy Report.
