Question

Which of the following best captures the idea of Huey P. Long's "Share Our Wealth" plan?

Confiscate idle factories and land, and permit the unemployed to produce for their own use.

Bring government into business and help them grow.

Have government limit the size of all fortunes and confiscate the rest to redistribute to people in need

Disband unions and let workers fend for themselves.

Answer 1

Huey P. Long's 'Share Our Wealth' plan proposed to redistribute wealth by confiscating large personal fortunes to fund direct payments to American families, ensure minimum incomes, and provide free college education, funded by high taxes on the wealthy and seizure of excessive personal assets.

Step-by-step explanation:

The "Share Our Wealth" plan, introduced by Huey P. Long, was a radical proposal designed to assist those in need during the Great Depression by redistributing wealth. Long's plan aimed to confiscate excessive personal fortunes to provide direct financial support such as a guaranteed family income, job salaries, pensions for the elderly, and funds for education.

Under this scheme, households would receive $5,000, workers a minimum income of $2,500, and it included provisions for a free college education. The funding for this plan was proposed to come from a 100 percent tax on incomes over $1 million and the seizure of personal assets that exceeded a set threshold, including limits on inheritances.