By the philosophy under which the human right to property is defined, someone has just as much right to own a billion dollars without it being stolen as they do to have ten dollars.
>It's an abhorrent misappropriation of human resources
It's not a misappropriation; for a company founder, they _created_ those resources. Without them, the resource wouldn't exist. And if you punish them a lot, such people will all go somewhere else, and then you'll have no businesses or jobs and everyone's standard of living will be worse. This has been demonstrated historically countless times, every single case of the government mass-appropriating the wealth of the wealth led to extreme poverty; Maoist China, Stalinist Russia, Pol Pot's Cambodia.
>Wealth and income inequality has well-studied negative effects on society.
Negative as defined by some left-leaning social scientists. Conversely, punitive taxation has been overwhelmingly shown by economists to lead to reduced growth in people's standard of living as measured by income and GDP.
> It's not a misappropriation; for a company founder, they _created_ those resources
Created, or taken the fruits of others’ labor? Obviously, no Amazon-sized company is the work of a single person. Was the pharaoh, sitting in luxury, more responsible for the creation of the pyramid as the architect or the common slave building it?
>It's an abhorrent misappropriation of human resources
It's not a misappropriation; for a company founder, they _created_ those resources. Without them, the resource wouldn't exist. And if you punish them a lot, such people will all go somewhere else, and then you'll have no businesses or jobs and everyone's standard of living will be worse. This has been demonstrated historically countless times, every single case of the government mass-appropriating the wealth of the wealth led to extreme poverty; Maoist China, Stalinist Russia, Pol Pot's Cambodia.
>Wealth and income inequality has well-studied negative effects on society.
Negative as defined by some left-leaning social scientists. Conversely, punitive taxation has been overwhelmingly shown by economists to lead to reduced growth in people's standard of living as measured by income and GDP.