That is a 80% TOP rate, and you should know that. It doesn't mean that anyone working at UPS would EVER pay that much. When you start netting, after all deductions and write-offs, more than $1 million per year, you might have to pay a high tax on the amount over $1 million.
And that is still lower than the previous top rate. And you are either ill informed, or trying to pass misinformation if you think anyone, even millionaires, would ever pay an 80% net rate. After write-offs and deductions, they could still be paying a lower effective federal tax rate than you and I pay.
The best growth in US history came under a 90% top rate, which forced people to re-invest business profit, rather than take it out as personal profit. Those small business owners re-invested in machinery, buildings, and personnel and their net worth rose even if they didn't take it out as profit. Only if they took it as personal profit was the income taxed. The super high rate created a huge incentive that forced the economy to grow. And even then, there are deductions that the wealthy can take that saves them greatly on taxes.
You should also get a clue about the 'free stuff' people get, when you are getting just as much. You have a job only because the gov provides protection for transport industry, from the US Navy keeping the shipping lanes clear for cargo ships, to snow removal on your local highways and streets. You use those 'give-aways' more and make more from those 'give-aways' than any poor person ever makes on food stamps or Medicaid, or a 'free' cell phone that is used, and has no data allowance.
So your big fear of high tax rates is misplaced. You shoud just remain afraid of ISIS, Muslims, ebola, and little brown children crossing the border, which are really just as misplaced.
