Socialism isn’t the problem, it’s decency. If you look at corporations, we’ve had a very strong socialistic corporate culture for some time. People who make almost nothing are the least capable of avoiding taxes that do exist, even if they are lessened. Large corporate entities on the other hand, are often given negative tax bills for reasons I can not begin to fathom.
There’s a stronger need for CEOs to stop acting like mafia members and demanding 500 times what a standard employee earns. If you fleece the poorest, naturally you’re going to have people with no savings. CEOs will naturally pat themselves on the back and say “I deserve this”, but do their employees deserve to be living on the streets post retirement? It seems like people are no longer anything but a commodity to be used until broken and then discarded.