You've overlooked one crucial point in your calculations. That...

You've overlooked one crucial point in your calculations.

That "poor wage slob" can also invest. Nothing is stopping him from taking part and benefiting from the joy of investing as well. In fact, the only thing preventing him is himself.

In fact, those of us earning more pay more tax and are subsidising the bad life choices of people who sit under the tax free threshold. How is that fair?

As someone who's parents escaped a communist country I can tell you there is nothing more evil than equality of outcome.

Thankfully under capitalism we are all equal, we have the equality of opportunity. The stock market is open to everyone.