$447 bil

[shmike]

Originally Posted by Papa_Complex

Largely immaterial, given that the truly wealthy are vast multiples of these numbers. You should really ask yourself why your government doesn't create higher tax brackets, precisely to cover these massive earners.

I don't need to ask myself anything.

I think that 35% of your earnings is plenty, regardless of how big those earnings are.

In your opinion, what rate should the "truly wealthy" be penalized for being rich?

Also, how many times and how often do you think it is fair to tax those people? (Once per generation, twice per generation, every time their net worth exceeds a certain threshold, etc..)