What is the rational for allowing billionaries in the US to make as much money as possible? /u/cs-kid No such thing as stupid questions

In 2012, the combined net worth of Elon Musk, Jeff Bezos, Larry Ellison, and Mark Zuckerberg was $74 billion. At the start of December, the net worth of these four surpassed $1 trillion.

Now, I have a pretty conservative viewpoint when it comes to taxes, but why are workers in the middle class (and upper middle class) paying a third to nearly half of their income in taxes, while these billionaries are benefiting from the lower corporate tax rate?

Furthermore, if these billionaries net worths are essentially exponentially increasing, why is the government not doing anything about it? These 4 already had way more than enough with $74 billionaire dollars. What do they need $1 trillion dollars for? Why are the wages of their employees (the people ultimately building and maintaining these companies) not going up? Why aren’t they at least entitling every worker (whether you’re an engineer or a janitor) at least some form of equity in their companies so that they can also benefit?

Why are these billionaries simply not being taxed more? You could leave them with just 1% of their net worth, and that would still be $1 billionaire among 4 people (and I’m not even advocating to tax them that much, it’s just why are they being taxed so little?).

In 2012, the combined net worth of Elon Musk, Jeff Bezos, Larry Ellison, and Mark Zuckerberg was $74 billion. At the start of December, the net worth of these four surpassed $1 trillion.

Now, I have a pretty conservative viewpoint when it comes to taxes, but why are workers in the middle class (and upper middle class) paying a third to nearly half of their income in taxes, while these billionaries are benefiting from the lower corporate tax rate?

Furthermore, if these billionaries net worths are essentially exponentially increasing, why is the government not doing anything about it? These 4 already had way more than enough with $74 billionaire dollars. What do they need $1 trillion dollars for? Why are the wages of their employees (the people ultimately building and maintaining these companies) not going up? Why aren’t they at least entitling every worker (whether you’re an engineer or a janitor) at least some form of equity in their companies so that they can also benefit?

Why are these billionaries simply not being taxed more? You could leave them with just 1% of their net worth, and that would still be $1 billionaire among 4 people (and I’m not even advocating to tax them that much, it’s just why are they being taxed so little?).