So who is wealth being redistributed from?

It's always the middle class that gets screwed, dude. Happened with the income tax, happening now with inflation, and will happen again once well-intentioned but naïve people pass a wealth tax.

People with cash savings.

Employees with salary.

Owners of fixed income securities (government & corporate bonds, mortgages).

Even owners of capital that sell stock (inflation causes imaginary "capital gains" and the corresponding taxes).

Its not a distribution. Its a dilution. The rich gets richer as they have most of their savings and capital in form that is not taxable and also set to rise with markets and real estate. The poor and middle class have much smaller percentage of income working for them and not usually have access to high growth opportunities.

The middle class.

Whoever has the most USD cash. (In proportion to their total wealth) most certainly not the "rich".

It's not the middleclass.

It's _everyone that isn't rich enough_.

You

Unless I happen to have a mortgage, or other dollar denominated debt..

Yeah, right. The economy will be crumbling, hardly anyone will have enough money to put food on the table but somehow they will manage to buy useless stuff on Amazon. Please, stop spreading bullshit, I know that you don’t believe it but you are actively harming people with your disinformation.