You are elected POTUS. What is your income tax plan? (user search)
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  You are elected POTUS. What is your income tax plan? (search mode)
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Author Topic: You are elected POTUS. What is your income tax plan?  (Read 2354 times)
Pheurton Skeurto
20RP12
Atlas Superstar
*****
Posts: 38,432
United States


Political Matrix
E: -5.29, S: -7.13

« on: November 14, 2013, 06:22:36 AM »

I'm going to cheat.

Income tax
$0 - 28,282........00%
$28,283 - 57,164.......08%
$57,165 - 85,746.......10%
$85,747 - 114,328.......25%
$114,329 - 142,911......29%
$142,912 - 171,493......32.5%
$171,494 - 200,075......36%
$200,076 - 228,657......40%
$228,658 - 257,239......43%
$257,240 - 285,822......46%
$285,823 - 314,404......49%
$314,405 - 371,568......52%
$371,569 - 457,315......55%
$457,316 - 543,061......58%
$543,062 - 628,808......61%
$628,809 - 714,555......63%
$714,556 - 857,466......66%
$857,467 - 1,000,377.......69%
$1,000,378 - 1,143,288....72%
$1,143,289 - 1,286,199....75%
$1,286,200 - 1,429,110....83.5%
$1,429,111 - 2,143,665....89%
$2,143,666 - 2,858,220....92%
$2,858,221+..................95%

Capital Gains tax
Tax the same as regular income.

Corporate tax
Double the top corporate income tax rates and make the tax more progressive. Excess profits tax on any corporation supplying war material.

Estate tax
Replace with a one hundred percent tax on inherited wealth.

Payroll tax
End the payroll tax cap, force high earners to pay into the system.

In addition, implement a universal basic income of $28,282 per individual per year.
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