Interesting thought, but where do you get the money for "income equality"?  From taxes provided by working people?  From royalties on resources the country sells?  Make everyone a government employee, all getting the same amount, just what you need to survive like Russia?  Surely you must realize that income equality is due to "a willingness to take risk, sacrifice and work hard"!  People that do those things fare a lot better, people that stay and accept what they get don't do as well.  Which way do you move the "income equality" scale to make it equal?  Bring the manager salary down to the lowest wage, putting more people at lower income, or magically bring the minimum wage up to the highest levels so everyone is wealthy?  Do you think people with drive and desire will settle for peanuts?  Do you think people with no drive and desire deserve $50,000/year for working at a convenience store?  Again, how do you do what you propose?