jmfcst's 9% flat or the 1960 tax code?

[Sbane]

High tax rates with a large exemption is certainly something I could go for. Exclude the first 30k of your income. Then a 20% tax with no deduction up to say 70-80k. Then 40% up to 150k. And then 45% above that ( I don't think tax rates above that get you as much revenue as you think). 30k is enough to cover living expenses everywhere and it's not like 20% is a lot, which you will pay on your next 40-50k in income.

I would also get rid of the ridiculous single or married etc. Everyone pays the same rate, based on their individual income, not their household income. So a two earner household with both making about 60k pay only 10% in income taxes. Sounds good to me. And those with ridiculous incomes get squeezed, and they can afford to be squeezed.