My wealth redistribution scheme would be blatantly crooked, but decidedly unsocialist. Everything would simply go to me.
except for the Arabs oil money that would be redistribited after I kill most of the Arabs and take their oil
That seems a little harsh (reminiscent perhaps of Europe in the late-tenth century or, else, the charming misdeeds of Timur the Great). I, at least, would oppress my subjects equally, without regard to race, gender, religion, ethnicity, place or nation of origin, veteran status, disability status, sexual orientation, etc.