62. Just about zero. That should be the full, lone exemption, no other loopholes.
It's just about the last income level where one could semi-credibly argue it was earned by the sweat of the brow and not reaped from the advanced organization of the society (whatever one's wonderful talents).
From there about 25 or 30 percent until 250k, 50 percent above that, then 60 starting at a million, and probably higher at some point in the stratosphere.
Keeping in mind that everyone pays 15 percent in payroll taxes anyway.
But you have to do the math to see how well it covers ongoing spending levels.
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