I've been really interested in what the number would be, but haven't every seen
an analysis of what a person would truly have to pay as a percentage of their
income. 7% won't even cover the FICA portion of taxes.
If our (U.S.) population is 311 million, and our next proposed budget is about
$3.5+ trillion, then that is $11,250 per person. My family of 3 has 2 workers
and one student, so we would pay 11,250 x 3 = $33,750, which is about 30% of
our combined incomes. This is probably at or just above what we currently pay.
I think despite the publicity about "tax breaks for the rich" and so forth,
they still pay the bulk of the taxes in the U.S. People earning $20k-30k per
year would have to pay nearly HALF of their total income in taxes, and you can
be sure they aren't doing it right now.
I did some google searching and found a figure of $13.3 trillion for total U.S.
income. Divide that into the national government budget and that is 26%, so it
makes sense to me that a national tax would have to be 26%. The people on the
bottom that pay 10-15% wouldn't like that a bit.
> 7% for everybody... from me on Social Security to Bill Gates on Easy Street!!
> I can live (and die) with that <g>
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