Showing posts with label federal income tax. Show all posts
Showing posts with label federal income tax. Show all posts

Monday, April 12, 2010

Tax Rates to Pay Off the National Debt

Here's what you and I would have to pay if the government decided to tax at the rates necessary to pay off the national debt:

Current Tax Rate (left)
New Rate Required (right)

10% 24.3%
15% 36.4%
25% 60.6%
28% 67.9%
33% 80.0%
35% 84.9%

Nuff said.