[lbo-talk] Tuff Lib'rul

[Jordan Hayes]

>> Luke Weiger <lweiger at umich.edu> writes:
>>
>> > I'd imagine much higher rates on any income earned in
>> > excess of $150,000 would go a long way towards providing
>> > the money needed by the public sector.
>>
>> This part of the tax curve is already plenty progressive.
>
> Don't know why you would say that.  I believe that maximum
> federal income tax rate is now around 35%--

... which you don't get to until well over $311k of AGI which is above
the 99% level; in contrast, the median AGI ($28k) pays something like
13%.

I'd call that pretty progressive.

/jordan