Now imagine those 25 million turned into John Galt.
It's already happening. The percentage of business entities who do not employ anyone is rising faster than overall business growth. It is directly a response to mandates, taxes, and regulation of business.
I know, because in the last 5 years, several businesses I know, have "gone galt". They laid off all the employees and operate as a single entity, thereby ducking the cost and regulation of an employer. I did, too. Until the laws change, until anti-business fanatics no longer hold power... I will never hire another person. My partner and I will prevent our future growth, if need be, to continue to exist without being an employer.
You wished to regulate the behavior of "the rich" (synonymous with "employer"), and this is what you have done.
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