If we removed all the government corruption and waste we could max out at 20 percent or less. A single person making 20k only pays about 600 income tax which is way less than the 10 percent implied because they take a standard deduction of 12,950 so their taxable income is only 6k. Families that are able to utilize decoctions often pay little to no income tax depending on their income. The top 1 percent of earners pay 40 percent of the tax burden. The bottom 50 percent earning less than 45k only pay 3 percent of the tax burden despite making 12 percent of the income.wow, so cheap for those earning over 500k a year... I'd expect them to be at 45% or higher.
the real issue is the lack of sorting out the companies paying real tax, if we removed all the corruption suddenly you guys could do tax free right up to 20k fuffing around with individual tax brackets is just smoke screen.
I believe that Congress just approved the 2022 tax forms to simplify it and make it equal for everyone. No complicated forms regardless of income!
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