The problem with socialism is that it looks REALLY good on paper... and is disastrous in reality.

People use terms like "owned by the people" when they don't realize the people are actually organized into governments, so it really means "owned by the government."

I'm a rare Trump supporter that supports various forms of wealth redistribution, which some say is socialism, but it's simply not, socialism is control of the means of production, taxation on the wealthy makes a great deal of sense because the wealthy get outsized representation in government, the economy, and in society.