What should the highest income tax bracket rate be?

[angus]

Flat tax.  Probably somewhere around 40 to 50%.  You'd have to figure out how much we need to run the government, and base it on that.

How much does it cost to live?  40K maybe?  So the first 40 is tax free.  No income tax for anyone earning that amount or less.  If you earn 100K, then you pay the flat tax on the additional 60K.  This plan lowers the tax burden on folks making the median income.  Raises it on those in the 2nd quintile.  Raises it significantly on the top quintile.  Something like that seems reasonable.  

Mainly, we should collect enough revenue to run our government.  I'm not a fan of having my taxes raised, and I'd prefer severe spending cuts, but if we want to sustain the current levels of military spending, welfare, etc., then we need to collect the revenue.