Mike Bloomberg once said taking too much money from the rich and giving it to the poor was a bigger problem than income inequality

Associated Press Bloomberg once said in 2018 that taking too much money from the rich was a bigger problem than income inequality. "I think income inequality is a very big problem. But the bigger problem is, you can take money from the rich and move it over to the poor," he said at an International Monetary Fund summit. The comments underscore the mounting scrutiny Bloomberg faces as he surges in national polls as a moderate alternative in the Democratic primary. Visit Business Insider's homepag...