Talk:Income tax

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-- Proposal to increase income tax? --

50% $720,000.01+

42% $349,700.01 to $720,000.00

39%

33%

28%

19%

8%

The current 35 bracket will be split into two brackets, 42 and 50. All other brackets have the same income definition as before the increase. Also notice that the 10% bracket has been *lowered* to 8%: this is done to give the poor a little something back. Bootmii 22:09, 12 June 2011 (EDT)

Is this simplification? kinda like the Bradley-Gebhardt Flat Tax with Five Rates. Rob Smith 22:13, 12 June 2011 (EDT)
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