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

[rob in cal]

With all the talk about the expiring tax cuts, one argument GOP has been using about why the tax cuts for the highest bracket, now at 35% must stay at 35% and not go back to 39% is that so many small business owners will get hit.  I wonder if Dems should come up with a counter proposal, calling for retention of that 35% for everyone in that rate up till around 1 million income or even higher, maybe 5 or even 10 million, with the rate then going up to the old 39% rate, or maybe even into the low 40's for everything over 10 million.  Anyway, personally I wouldn't lose any sleep if Bill Gates or Lebron James had to pay a modestly higher rate on their last millions of income than a senior professor and his doctor wife in Connecticut. To have the highest rate start at 250k seems quite a bit low to me, and I wonder if both sides can find some compromise about this.