Based. Nothing ever good came from that horrible idea. It may sound good, until you put it into practice. Hell, even on paper it's a bad idea, as it doesn't give people an incentive to work well or learn to do complex jobs (like being a doctor) if they're being paid the same as, say, a garbage collector. Sure, both jobs are important to society as a whole, but it's clear that one's simply more valuable and difficult to do than the other.