Distribution of Income 1. A number of politicians (for example, Vermont Senator Bernie Sanders and New York Congresswoman Alexandria OcasioCortez, known informally as AOC) have been increasingly outspoken about what they perceive to be a dangerously unequal distribution of income. Representative OcasioCortez was challenged on Twitter to identify her ideal distribution of income: "What, precisely, is the correct level of income inequality for you, ? Is there a distribution you are shooting for? Should everyone be equal?" a. What do you think is the correct level of income inequality? Should there be no income inequality (that is, everyone has the same income)? If not, then how much income inequality should we have? Justify your answer. For the record, Representative OcasioCortez' answer to this question was "Somewhere between 'teachers shouldn't have to sell their own blood to make rent' & 'billionaires with helipads and fulltime workers on food stamps shouldn't exist in the same society'." 2. Suppose that, regardless of your answers to Question 2, society decides that the growing inequality in the distribution of income is A Bad Thing. Sketch out a plan for making the distribution more equal. Be sure to explain how your ideas would lead to a moreequal distribution of income and describe any tradeoffs that your plan would require