For most shareholders in most businesses, the risk is that you are no longer as rich as your peers.
Most US households can’t weather a $1000 unexpected expense without going into debt.
To be real, capital gains are the definition of inequality. It is making money by having enough money to own something. There is no other economic force that drives inequality more.
Small business is a decent minority of US employers. It can’t be ignored, but it is the unlikely case when sampling by employee or just by random citizen.
At most an owner can be reimbursed for their costs of starting the business. Past that I don’t see any reason to give them a special share of the profits. Even that feels generous given how unequal we are, and that fact that having the money to start a business means you are likely more privileged than your employees.
For most shareholders in most businesses, the risk is that you are no longer as rich as your peers.
Most US households can’t weather a $1000 unexpected expense without going into debt.
To be real, capital gains are the definition of inequality. It is making money by having enough money to own something. There is no other economic force that drives inequality more.
Small business is a decent minority of US employers. It can’t be ignored, but it is the unlikely case when sampling by employee or just by random citizen.
At most an owner can be reimbursed for their costs of starting the business. Past that I don’t see any reason to give them a special share of the profits. Even that feels generous given how unequal we are, and that fact that having the money to start a business means you are likely more privileged than your employees.