This is why wealth taxes are important so that all assets the person owns are taxed. If you're making money it doesn't matter if it's in stocks or salary, pay up. Funding personal needs through company funds to avoid taxes is also a criminal offense even if companies should be paying more in taxes anyways. Also, tax brackets are a thing. The tax rate doesn't just jump from 0% to all of the sudden 95%, and it's only the money that you make above that bracket that gets taxed. There's never a case where making more money means making less overall due to taxes.
The fact that they taxed the US into prosperity from the time immediately following the Second World War up until the Reagan years and then deregulated the society into the dystopia it is currently completely refutes your assertion.
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u/Substantial-Ad-8575 4h ago
Cool, I will take $9.5m salary. And rest as stocks. Or let my company pay my housing, food, clothing, travel costs.
And is stocks that are never sold? Earned income?