Bannon reportedly calls for tax of 44 percent on those earning over 5 million a year

Do not support.

There are so many ways to not show that much income, even if you are making that much.

I doubt any SEC coaches would even be subject to that after deductions and write-offs.

I hate Bernie Sanders, this damn commie demanding - oh wait

This is bullshite. The government has no more right to a rich mans money than a poor man's

I disagree with it completely but if forced to negotiate to balance the budget I would probably do the same thing. I don't know why our income tax stops being progressive at such a low number.

That is insane. Why should anyone be forced to give that much to the government? After all other taxes that person will probably be paying close to 55 or 60% of their income to the government.

44% is nothing.

It's still amazing that the top rate for regular income was 91% for regular income and was accepted for a decade...and then suddenly not accepted after the 50's-60's.

Then 70% in the 70's.

Then 50% under Reagan...

And then dropped to nothing 28% in 1988...

Is 40% some magical number? It hovers around 39% the last 30 years.

And has never been above 40% again.

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Bannon reportedly calls for tax of 44 percent on those earning over 5 million a year

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But only for the blacks and joos right? Cause muh racist Nazis.

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reportedly

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person familiar with his thinking

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For frick's sake

Now this is my kind of tax reform.