I think you've overlooked the fact that enriching investors IS enriching its workers, because they are generally given real stock grants upon employment, and gradually as time goes by.
This applies for countless engineers from the company past and present, whom I (as one of them) personally know.
Right, but all the others still have jobs. That's the point of the 2.4 million: there are the ones employed directly, then those employed by suppliers, suppliers of those suppliers, etc.
> I think you've overlooked the fact that enriching investors IS enriching its workers, because they are generally given real stock grants upon employment, and gradually as time goes by.
Only in the same sense that tax cuts benefits everyone. While technically true, the benefits disproportionately go towards those who are already better off.
They disproportionately go to people that pay taxes. One could argue taxes disproportionately affect people that make more because they pay higher marginal rates.
A person making $200k pays a higher percentage than someone making $50k. So by definition, those making more are disproportionately affected by taxes. The government keeps more of every dollar earned from someone making more money. Not sure how that is fair. If we want fairness, everyone pays an identical rate. Making more money doesn’t mean I use more dramatically more government, so why should I pay a higher rate than people who make less? A flat tax is fair and doesn’t punish success (or failure.)
Because the more money you make, the greater your ability to earn and retain that money (or the equivalent value) is dependent on the governnent and it's provision of law; in societies without substantial government, there either isn't much concentration of wealth or the people who start to gain some wealth end up spending a considerable share of it becoming a government just to protect their ability to concentrate wealth.
> A flat tax is fair and doesn’t punish success
Any tax with a marginal rate below 100% doesn't punish success.
This applies for countless engineers from the company past and present, whom I (as one of them) personally know.