Reply #70: The lions share of that income is unearned income.

[Blue Fire]

It's passive income from dividends, interest, inheritance, etc. This income is generated on the backs of working class Americans like my wife and I. I clock in for my 12-hour shifts, run my machines and watch the products I make generate a multi-million dollar income for our CEO, and the CEOs of the companies who buy our products while threatening to take their business to China or India if we don't sell it cheap enough. As a result I and my fellow workers watch our paychecks shrink in real dollar value every fucking year while the corporate goons crow about record profits and lavish bonuses 100 times my annual income on some pin-stripped greedmonger who would have a cardiac if he had to get his hands dirty.

Tax the fuckers! I kinda like that 95% rate!