It 100% would raise the wages of tech workers, but it could also hurt the stock price of many tech companies from which many senior employees make such kinds of

It 100% would raise the wages of tech workers, but it could also hurt the stock price of many tech companies from which many senior employees make such kinds of wages anyways. Additionally, there is complexity around where goods are produced and where they are sold in regards to taxes, so some of these numbers I will list aren't exactly simple. But anyways, Apple makes 600k in profit a year per employee, meaning they can increase the salary of every employee in the company by 400k (ignoring tax issues) and still turn a crazy large profit. Companies such as Google and Facebook have a revenue per employee that is well over 1 billion dollars, and in turn could theoretically return that money to their employees rather than putting it towards some of the other expenses that they do. However, due to stock compensation, it is for the benefit of existing employees that these companies do focus on continuing to monopolize.