dbuc - we are talking about 4-5% of taxable earnings over $250k a year.
You could easily argue that most that earn over $250k a year do not actually "earn" a portion of that money in the true sense of the word.
Fact is through ten years of socialist government with slightly higher taxes the UK has created more jobs than the US.
Just picking two comments - I would love to engage in the "argument" or discussion of how folks "earn" their money. As I recall in the first few year I was in business no one sent me any money for free, nor did they pump their assets into my company while it was built. It was my money, my resources, my employee selection, my setting of a successful environment that unfettered qualified and adept folks I brought in to help in running the company that made it successful. Now if you want to say I don't individually make every call, meet every customer... well that is accurate - I simply provide the business model that enable two partners to retire after 7 years and am bringing the second group to the brink of similar success.
So I would offer that individual success is earned and not lucked into.
As for the jobs - more jobs created in the UK - really? Not saying you are incorrect bc I don't know - but it is borderline unimaginable - just given population differences. And I do have multiple issues with socialism - and am damned uncomfortable with UK's move towards it.
