the French income tax rate increases

[Badger]

Set salaries at 999,999.99

I'm not sure you're clear on how progressive taxation works.....

[Badger]

I don't see why people are jumping to the conclusion that phnk doens't understand progressive taxation - nothing in his post implied this.  He's just saying - don't pay people more than 1 million euros and they won't face the 75% incremental rate.  It is an admirable suggestion, though I can think of a better solution.

No, his implication seemed to be that taxation at a million euros a year would cover the entire million euros.

Maybe not what he meant, but it's how it read.