How about a new tax bracket, starting around a million, or higher

[hotpprs]

Before they mess around with the tax brackets, the first order of business would be to eliminate the cap on Social Security payroll tax.
How can you even have a discussion of brackets when people are paying different percentages of payroll taxes before they ever get to paying Federal, State or property tax?
I realize why they have caps, so I am not going to get into that debate, but Social Security and Medicare have morphed into something different from what they were created for.
So those payroll taxes are just that, taxes. Not individual "personal investments in your own future" as I think they were first envisioned as, and why the cap on Social Security tax was first put in place.
The only problem with this is I don't think that employers should have to match the payroll tax beyond a certain amount if the personal cap is eliminated.