"Taxed similarly" means a standard progressive tax, but "tips income" and "capital gains" are not given preferential tax treatment. All income becomes fungible and eligible for taxation normally. You can still have special tax treatment for things like retirement or medical benefits (in a perfect world the government
Livable really means, someone on minimum wage should be able to afford housing and food/etc in a given area. Whether that means gov subsidized housing (e.g. HK residents pay like 300USD/mo rent) or a higher minimum wage is an implementation detail.
Taken together, these would greatly reduce the income inequality (Gini coefficient) and lead to a more fair and stable society.
Livable really means, someone on minimum wage should be able to afford housing and food/etc in a given area. Whether that means gov subsidized housing (e.g. HK residents pay like 300USD/mo rent) or a higher minimum wage is an implementation detail.
Taken together, these would greatly reduce the income inequality (Gini coefficient) and lead to a more fair and stable society.