redistribution of wealth
Economic and political term referring to policies or mechanisms that shift wealth across society, such as taxes and welfare.
The government introduced a new tax system aimed at the redistribution of wealth.
Redistribution of wealth is one way to reduce economic inequality.
所得再分配 specifically refers to income redistribution, while 富の再分配 covers broader wealth redistribution including assets.
Compound of 富 (wealth) + の (possessive particle) + 再分配 (redistribution). 再分配 is itself a compound of 再 (re-) and 分配 (distribution).