Eliminate ALL ded/creds/exempts in tax code. Use the % on the left if you: have dependents, are investing substantial (>$5K) amts, have/are a business/nonprofit, or give substantial (>$1K) amts to nonprofits. Use the % on the right if you: have 0 dependents, 0 substantial investments, have no/are not a business, and so on. These are fair & most less than each (are suppose to) pay now.
$0-20K:
0%, 2%
$21-45K:
2%, 5%
$46-70K:
4%, 7%
$71-100K:
6%, 9%
$101-130K:
8%, 11%
$131-160K:
10%, 13%
$161-200K:
12%, 15%
$201-250K:
14%, 17%
$251-300K:
16%, 19%
$301-350K:
18%, 21%
$351-400K:
20%, 23%
$401-450K:
22%, 25%
$451-500K:
24%, 27%
$501-1M:
27%, 30%
$1M-2M:
30%, 33%
$2,000,001M-3M:
33%, 36%
$3,000,001M-4M:
36%, 39%
$4,000,001-5M:
39%, 41%
$5,000,001 & up:
41%, 44%