Despite declining social mobility, mke_geek makes a fair point, being born poor isn’t absolutely guaranteed to mean that you won’t be able to have a meaningful or fullfilling life. I’m sure that many people who are born in remote villages with a subsistence lifestyle, that we would view as living in poverty, are happier than many people who are born in “first world” countries.
Anyway, OP is asking about choices, not situations that are inflicted upon them.
We do it for taxes and in my opinion, it doesn’t go far enough.