This has been tried. Brazil. South Africa. China. India. The list goes on. These are countries where the wealthy can't walk around freely on the streets without substantial protections, where quality of life is simultaneously high and low.

Instead of enjoying your wealth on your own terms, now you're in a cycle of vetting your drivers, your nannies, and anyone else who comes within physical vicinity of you. Your physical movements are restricted to routes and destinations that are vetted and secured.

And as the wealth gap increases, the threat to your life increases also. Kidnapping a millionaire may not be worth risking your life - but what about kidnapping a billionaire? As inequality rises the lengths people will go to to harm you increases also, resulting in ever-higher fences, ever more advanced security, and a non-stop arms race between you and the poor.

This is already reality in a lot of places. I for one don't want it to become the reality here.

well yeah, the Brazilian model. But this sucks, try living behind barbed wire and being dependent on your bodyguards. I definitely prefer being able to walk the streets at night by myself and not getting robbed/stabbed/hijacked.

Security don't helps when the poor are motivated. There are a lot of kidnappings in Mexico City.

By drug/criminal cartels, not by poor.

Who do you think the cartels recruit from? its not gap year kids doing it for kicks.

Do you think cartels will have trouble recruiting people once everyone have 20k a year to spend? They gonna have even more money since a big chunk of those 20k will be spent on the drugs they are selling.