Tax Reform:
1. People making over $1M+ will be given a strait tax of 45%
2. People making $250k-$999k will be given a tax of 38-40%
3.People making $100k-$249k will be given a tax of 25-33%
4.People making $54k-$99k will be given a tax of 15-22%
5. People making $9k-$53k will be given a tax of 10-14%
this should/would also cover tax collection for the state as well, eliminating the need for a state sales, or income tax.
As well, per person in a house hold, or purchased products, can/should be used for tax deductions as well. Same for Businesses, except employs can be used as deducts, pending on business type.
Business Tax Reform:
1.Small Business- 5-8%
2.Mid grade- 6-9%
3.corporate- 10-15%
4.National Conglomerate- 14-22%