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That has nothing to do with it. You're basically saying the government should make sure everyone can get on any position on the wealth scale while most people with a lot of money have worked very hard to get where they are today.
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Most people with a lot of money? Do you really believe that? And as for working very hard... why has a miner or a teacher worked any less hard than a CEO of a company? Have they worked an amount less hard you can quantify into the huge wealth difference between them? What if the CEO had far better advantages from birth? Rich parents who payed his way and had enough to send him to the best schools and university?
The world we live in is not a meritocracy. I am absolutely fine with wealth being proportional to work or merits but that is most definitely not how our economy works (It is getting there though).
What I want is a fair start for everyone. Something that's been in the heart of British welfare for decades and has just been cut out by our new government and something the USA has never had.