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Old 08-21-2020, 6:13pm   #11
Datawiz
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Forget the rate, I'm already at my breaking point. My next 8-12 weeks will be working on 3 40-hour-per-week jobs. My pay won't move a penny. My Federal taxes, as a middle class worker, are already in excess of what a large chunk of US people earn in a year.

I vote for 25% tax, with no limit, and no deductions. In fact, it should be flat over a certain minimum amount (call that your basic living wage). You have to earn it, and it won't be taxed, after that, you contribute. You make an extra 10k per year over that basic wage, you pay a 2500 tax. I make another 300k over that minimum bar, I pay 75k. You and I both work the same number of hours (not really, I work more), but I'd gladly pay a flat tax of 25% on all of my wages over that level. You pay 2,500, I pay 75,000. You and all of your cronies get the benefit of my extra effort, but you don't dip any more deeply into my pockets. You too my friend need to have skin in the game.
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