When capital gains tax is so much lower than income tax, this holds even more true for people who work at the companies being sold for lots of money and make income in wages than the people who own the companies, and that just reinforces the original point

Those taxes are the necessary condition in silly essays like this one from pg. Or why do you think those billionaires miraculously mostly end up in the US and not in countries like Sudan or Peru? I mean if those billionaires would actually be the wealth creators, not depending on society at large, they could become billionaires everywhere, right?

We pay those taxes because not having the services and societal stability those taxes pay for also sucks a lot of life out.

People who earn money pay taxes

While at Amazon Jeff Bezos considers his worth to be 80k a year hence he was paid that much, and paid taxes in that salary.

If someone becomes a billionaire by being paid 50m a year for 40 years and paying taxes on that income then congrats.

Only up to a certain threshold – after which you can afford "creative" accounting which reduces the tax burden and restores the compounding effect ;-)

Luckily, billionaires don't have to worry about that.