Art my friend, if you'll trust the WSJ then go here: http://blogs.wsj.com/wealth/20...n-50-million-a-year/
then Click on the Social Security link. In 2009 those with earnings in excess of $1,000,000 amounted to 77,607 and I stand corrected. Again you may be referring to a NET WORTH number but you pay taxes on earned income not your NET WORTH.
Jrlz: Profit IS good, but oil companies are a little "over the top" (Exxon $47 BILLION in profit while we pay $3.75 a gallon). High gas prices is why many Americans buy Korean and Japanese autos. And FWIW, I never sold any devices to oil companies.
I think we all can agree that from a revenue standpoint there much that needs to be addressed and many ways to address it AND from the spending side thare are also many ways to address this but the answers are relatively easy. The HARD PART is getting our elected officials to 1) Address the issues and 2) Negotiate a compromise. I see no hope in solving the issues just them kicking the can further down the block till we have Europe style austerity, heaven forbid.