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It is encoded into law, except instead of sharing just with employees, you share it with everyone through taxes. There's no reason that an employee who just ha
by jlawson 6y ago
It is encoded into law, except instead of sharing just with employees, you share it with everyone through taxes.
There's no reason that an employee who just happens to work at a firm that becomes successful should get profits from that, while a similar employee doing the same work who just happens to work at a failing company should get nothing. How could you justify that?
Putting business profit taxes in a big pot and spending them on everyone evens this out.
Fundamentally all you're really saying is you want corporate taxes to be higher. Which is arguable given the well-understood negative consequences of that which hurt everyone (e.g. taxes dissuade business formation, which means no jobs at all).