That isn’t how tax brackets work. In the scenario outlined here individuals would pay 70% tax on everything they earn over 10 million. Which even further reinforces your point, as this is an enormous amount of compensation for anyone in a single year.
That isn’t how tax brackets work. In the scenario outlined here individuals would pay 70% tax on everything they earn over 10 million. Which even further reinforces your point, as this is an enormous amount of compensation for anyone in a single year.