We could always just confiscate all fortunes over 900 million dollars.

The 5 richest billionaires have a combined $1.154 trillion, which divided by $340 million gives us $3,394 per American citizen. That's literally just the top 5. According to Forbes there were 813 billionaires in 2024. Sounds pretty damned substantial to me. We're talking life-altering amounts of money for every American without even glancing in the direction of mere hundred-millionaires. And all the billionaires could still be absurdly wealthy.

Does the 30 billion also account for allocated resources (such as the incredibly demanding amount of electricity required to run a decent AI for millions if not billions of future doctors and engineers to use to pass exams)?

Does it account for the future losses of creativity & individuality in this cesspool of laziness & greed?