> And then neither them or corporation gets taxes nowhere close to what the normal employee is

How did you figure that? Corporate tax rate in the US is 21% which is roughly equivalent to an effective tax for a single filer with about $180K in income. Can't say we are talking about "normal employee" here. Besides if you are talking about dividends (which are distributed _after_ 21%), there is a dividend tax on top of that, which, depending on your share class, can be the same as a normal tax rate. So yeah, nowhere close, usually +21% for the preferred stock.

Also don't fall to that communist idea. I grew up in the USSR where we had a "fair" distribution (no, it wasn't fair) -- trust me, you don't want to live in that world. There were some upsides, but still, and it didn't end up well.