Maximum wage

[justaddh2o]

56. Okay

I guess what I was trying to say (and wasn't clear) was that when you stated that the tax rate in the 1950s was 90%, I thought it might mean that the remainder (or 10%) of the income was what the government felt was necessary to leave to the individual to live on. But you're right, if the person made more than the $5M upper bracket, they would keep that extra money as well, so the 10% left over after taxes is just another minimum amount, not a maximum.

See, I'm still trying to get an idea of what you (and anyone else who cares to comment) think an upper limit on a person's income should be.... no tax rates or brackets. It's actually a much simpler question I'm just curious what folks think should be a number for how much someone should be able to keep for themselves per year. Another poster has already said there should be no limit. Do you think so, too?

Thanks for replying. I do like reading your responses.