Not enough information. It greatly depends on what money is required to live a reasonable life.
In one of these scenarios, is child poverty eliminated? People going bankrupt because of medical bills? Are there predatory lending practices and pervasive rent seeking monopolies?
In general people concerned with inequality are worried about people at the low end of the income spectrum not being able to survive and thrive, not abstract dollar amounts which don't equate into purchasing power for someone's next meal or monthly dose of prescriptions. Figure out how to expand the social safety net on the low end, and people will care far less about people on the high end making fairly obscene amounts of money, as long as they don't abuse that into extending their power and privilege.
then why is virtually all of the rhetoric focused on the 1% and jeff bezos and taxing the rich? i don’t hear any concern for the poor, only hatred of the rich
In one of these scenarios, is child poverty eliminated? People going bankrupt because of medical bills? Are there predatory lending practices and pervasive rent seeking monopolies?
In general people concerned with inequality are worried about people at the low end of the income spectrum not being able to survive and thrive, not abstract dollar amounts which don't equate into purchasing power for someone's next meal or monthly dose of prescriptions. Figure out how to expand the social safety net on the low end, and people will care far less about people on the high end making fairly obscene amounts of money, as long as they don't abuse that into extending their power and privilege.