text: Just think if you taxed all the millionaires at 100%.... we could all be eating steak and lobster.  {wink}
  
  FYI..... 235,000 tax returns report income of $1M+, totalling $727 Billion in income.
  
  If you taxed those sorry bastards at 100%, it would run the $3.5 trillion federal government for about 2.5 months.
  
  Then who are you going to turn to?  IDEA:  How about the 45% of American households who pay ZERO federal income tax?
  
  Factoid:  The top rate of 94% in 1944 was on income over $200K, which is $2.7M in today's dollars.  
  
  Factoid: Buried inside a Congressional Budget Office report this week [2013] was this nugget: when it comes to individual income taxes, the top 40 percent of wage earners in America pay 106 percent of the taxes. The bottom 40 percent...pay negative 9 percent.  Who isn't paying their fair share?
  
  http://www.cnbc.com/2013/12/11/the-rich-do-not-pay-the-most-taxes-they-pay-all-the-taxes.html