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Exactly how much do you think is the right amount of money for the government to take from a "millionaire"?
And, what exactly is a millionaire in your view? Is it calculated by net worth or by income? Please be detailed and specific.
A millionaire makes one million or more in income, dividends and short term capital gains. I would tax at 10% or 15% as a compromise between the original income tax (IIRC about 7%) and what it is now (maybe 20% or 30% effective tax).