...and before the coin drops into the company's coffer, it's already been taxed as income against the person that earned it to spend, and before that as corpora

...and before the coin drops into the company's coffer, it's already been taxed as income against the person that earned it to spend, and before that as corporate tax against the corporation that employs that person, and as income tax against the people that bought that company's products, and so on. Income tax taxes every transfer of wealth from one entity to another. That's just the way it works, the government takes a cut of the profit that anyone realizes at every hop. I can't fathom any reason that income I obtain by betting on Apple should somehow magically be more exempt from taxation than income I obtain by betting on poker, working a dead end finance job, or selling my old crap on eBay, all the money from any of those sources has already been taxed dozens of times.