Are there any recognised algorithms for wealth redistribution?

Hi, I'm not someone with much knowledge about economics, but was wondering is there has been much research done into ways in which wealth redistribution could be done.

I promise this is not a homework question (I'm too old for homework unfortunately) but I'm most interested in sort of mathematical solutions, e.g. X percentage of capital per year. I'm imagining there may be some algorithms that suggest some curve that provides a neat way to redistrbute wealth fairly without it being too punative.

Hope the question is appreciated and please let me know if I'm better off asking on a different sub!

edit: typo