I think the best part of this proposal would be that people that did make that much income would be encouraged to put that surplus money back into something rather than being taxed on it. Could go to charity, research, creating jobs....you name it. For those that are interested say your adjusted taxable income is around 6 million dollars. This is all take home money after deductions losses, things our govt consider reasonable expenses that we should not be taxed on etc. Based on credits for student loans, interest, mortgage/renters credits, a lot of this income is basically spending money. Not entirely but a good amount of it will be. That's a lot of gravy. Of that 6 million, 4 million is taxed a little higher but not much higher than you and me. The other 2 million, the individual could do a number of things. 1. Pay 45% tax and effectively help our deficit and country prosper. 2. Spread it out to charitable donations to help different causes and not be taxed on it. 3. Reinvest it into the economy where you may not make a ton of money but you are creating jobs and helping all of us prosper. Really any of the options are helpful for everyone. Not sure why people, especially we the people see the bad in this. This does not affect our income. The 1% make a lot of money on us and I am not saying take it away but we have to stop making concessions for billionaires who already have all the money. They get all the tax breaks and concessions from our tax money as it is. Republicans and democrats have both been in corporate Americas pocket to push their agendas. Bernie may not be the answer, but a breath of fresh air and someone who stands up for anyone who makes less than 200k a year is a good thing.