Current Federal Income Tax Rate
$0—$9,275 | 10%
$9,276—$37,650 | $927.50 plus 15% of the amount over $9,275
$37,651—$91,150 | $5,183.75 plus 25% of the amount over $37,650
$91,151—$190,150 | $18,558.75 plus 28% of the amount over $91,150
$190,151—$ 413,350 | $46,278.75 plus 33% of the amount over $190,150
$413,351—$415,050 | $119,934.75 plus 35% of the amount over $413,350
$415,051 or more | $120,529.75 plus 39.6% of the amount over $415,050
My Proposed Federal Income Tax Rate
$0 — $5,000 | 0%
10,000 | 3%
$15,000 | 6%
$30,000 | 12%
$60,000 | 18%
$90,000 | 24%
$120,000 | 30%
$150,000 | 36%
$300,000 | 42%
$600,000 | 48%
$900,000 | 54%
$1,200,000 | 60%
>I feel that my tax plan is immeasurably better than the current one we already have. Is our government really that incapable of making a somewhat reasonable tax plan. If some dude on the internet can make a better tax plan than the one we currently have is our country fucked. Or is my tax plan not that good, and the one we currently have is better.