Wednesday, February 1, 2017

Taxation (work in progress)

I'll just be jotting down a few thoughts here, probably for a few months, on some thoughts for, what I believe, is a more fair and balanced tax system for America.

The current per capita or median income in America is approximately $25,000. The figures below are based on the 25k median income as being 100%. For example someone at 200% of median income would be $50,000.

50% to 100%, $12.500 to $25,000

100% to 200%, $25,000 to $50,000

200% to 500%, $50,000 to $125,000

500% to 2500%, #125,000 to $625,000

2500% to 10,000%, $625,000 to $2,500,000

10,000% and up. $2,500,000 and up

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