You frame it like those are the only two choices. They aren’t.
No, I provided a simplistic, informal explanation, not a conclusive evaluation.
The third choice is capital flight.
Let the parasites leave. That’s the point. They are sucking the working class dry, and we would be better off without them.
Your argument operates under the assumption that a member of the current ownership class needs to be involved for a business to be successful. That is simply untrue. They aren’t the component enabling employment. They are the parasite leeching our productivity.
The reality is that the most prosperous era of American history was made under a 91% tax rate, specifically because such a tax rate drives capital into the control of the working class.
You’re arguing for regulatory capture.
Please dont do that.