In 1960, the top marginal tax rate was 91%, applying to income over $200,000 for single filers — equivalent to roughly $1.5 million in today’s dollars.
  • pinball_wizard@lemmy.zip
    1·
    23 days ago

    The definition is easy: if their net worth exceeds 10 million (locked in as a ratio with the minimum wage, so it grows with it).

    Get that rich, get locked up.