These companies paid their employees a median wage of $31,672 in 2022, while their CEOs took home an average $15.3m
37% federal plus 5-10% state, plus additional Medicare tax and 3.8% investment income tax and a bunch of others, not good enough for you? That’s literally approaching 50% what’s your problem?
37% federal means you are in the tax bracket that makes over $578,000/year. You’ll be just fine with several more percentage points added on.
I fail to see the problem with your statement.
50% when you are Uber rich isn’t even that much. In plenty of countries you have that at a much lower level of income. Perfectly doable and fine
The upper-class does not rely on income the same way the middle and lower class do. Taxing income affects us much more than it does them, that’s why you institute a wealth tax to spread the burden.