Punitive government measures have, to date, been excellent at doing exactly what they were designed to do for the benefit of working people.
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Your plan, Wage earner earns 11,000,000...Govt takes 700,000 out of the last million. Wage earner makes 10 mil. Nobody gets anything....good idea.
End of conversation
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Why not just do a flat tax if this is all too confusing for the average output of our schools?
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The only thing that tax bracket will encourage is fewer Emma Watson movies.
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The real argument here is why does the government need more money then it already takes?
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So name me one federal tax that has been effective in making corporations give those proceeds from a high wage earner to their employees?
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No, it means why invest, take risks, or engage in productive efforts past 10M because you don't get to keep it. Our most economically productive people are benched.
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