My intuition is that it wouldn't change the ranking of people's wealths, but it would make a big difference in the ratio between a top 10 percentile income and

My intuition is that it wouldn't change the ranking of people's wealths, but it would make a big difference in the ratio between a top 10 percentile income and a bottom 10 percentile income Edit- although even that is an oversimplification because I think in some cases it might encourage people to make more money. I know a handful of people who intentionally limit their income because of gaps in means testing. eg there's a window where you start making too much to take advantage of some govt social services, but not enough to pay for those services yourself (healthcare is a big one)