Of course not. I was demonstrating the underlying concept for why TAGs are bad.

Players are annuities. Their value is equal to the sum of all future rake paid.

If you hold the total amount of money in the poker universe constant/finite (e.g., the sum of all players' bankrolls), it is an inescapable fact that skilled players will bust unskilled players in fewer hands, compared with the number of hands that would be played if the game were only between equally unskilled players.

Because unskilled players will participate in a smaller number of hands due to the effect of TAGs, their annuitized value is lower.