NYT: Who is the 1 percent?

Just who makes up the 1 percent?   What are their hopes and fears, their dreams and failings, their favorite sports teams?   .... Do we care?  No -- just tax the hell out of 'em!

Seriously though, I suppose regional cost of living differences do matter.  So we could easily take the upper East/West Coast bound of, say, over $1 million income per household, and raise taxes on them to post-WWII levels.  

(We are still paying for two long-term wars, by the way, don't forget!  The post-WWII/post-Depression era comparison is totally appropriate.)

Among the Wealthiest One Percent, Many Variations

By Shaila Dewan and Robert Gebeloff 

January 14, 2012 | New York Times

URL:  http://www.nytimes.com/2012/01/15/business/the-1-percent-paint-a-more-nuanced-portrait-of-the-rich.html?pagewanted=1&_r=1