Top US Marginal Income Tax Rates

Did you know that the US has had high income tax rates in the 90% range for decades. Up to 1963 it was 91% for all income over $400,000. Now it's at 35%. Somewhat related:

From alternet In 2009, the worst economic year for working people since the Great Depression, the top 25 hedge fund managers walked off with an average of $1 billion each. With the money those 25 people “earned,” we could have hired 658,000 entry level teachers. (They make about $38,000 a year, including benefits.) Those educators could have brought along over 13 million young people, assuming a class size of 20. That’s some value.

The income from hedge funds is capital gains and only taxed at 15%