Promoting the general welfare does not include giving tax dollars to people who do not need them.
Who doesn't need Capital under our form of Capitalism There is no Requirement to work in an at-will employment State especially since that is against Capitalism. Capitalism is about voluntary association that leads to mutually beneficial trade.
Everyone needs capital. But those who already have what they need to survive should not get tax dollars given to them.
And before you say it, the capital will circulate if the taxes are left with those who earned the money.
Corporate welfare is alive and well and has even paid multimillion dollar bonuses.
From 1978 to 2018, CEO compensation grew by 1,007.5% (940.3% under the options-realized measure), far outstripping S&P stock market growth (706.7%) and the wage growth of very high earners (339.2%). In contrast, wages for the typical worker grew by just 11.9%.--https://www.epi.org/publication/ceo-compensation-2018/
Equality is all the socialism we need for our market economy.
“The law, in its majestic equality, forbids rich and poor alike to sleep under bridges, to beg in the streets, and to steal their bread.”
― Anatole France