> The top companies (and the wealthiest for that matter) already pay the majority in taxes.
First, not true.
Second, even if true it wouldn’t be surprising, if you have most of the wealth you pay most of the tax money. It’s surprising that that’s not even the case.
Third, it explains California. Of course the state with the highest GDP has also the highest tax income
We don’t tax wealth though so wouldn’t we expect the highest income to pay the most tax?