Hawkeye on 04 March 2009
The thing is, the top 1% wage earners fluctaute every year. There is a steady 0.1% wealthiest people class, but that is very different from top wage earners. If I am a CEO making 1.8 million a year and I work at a company for 17 years, and then get a 75 million dollar bonus+ 200 million in stock options the year I retire because under my leadership the company soared, I would be in the top 1%. For that year.
I think a 25-30% income tax amount is a good amount of taxation for the top 5% bracket.
