

Completely depends on how you live.
Someone who lives in a house with plenty of storage and a 30 minute drive to the nearest store will have a lot of food at home. Whereas someone who lives in a tiny apartment with a five minute walk to the store will not.
In general, places like American suburbs, with huge single-family homes, no stores and complete reliance on cars, are rare in Europe.
Just shifting the tax burden from salaries toward capital should make it less of a problem. When capital income is taxed less than salaries wealth concentration gets worse as workers are replaced.
But hey, GDP line goes up, so it must be good right?