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Latest revision as of 09:25, 9 May 2026

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What difficulties as your 'income' tax has a set of tax brackets each featuring its own tax rate from 10% to 35% (2009). These rates are used to your taxable income which is income more your 'tax free' livelihood.

10% (8.55% for healthcare and 9.45% Medicare to General Revenue) for my employer and me is $15,612.80 ($7,806.40 each), which is less than both currently pay now ($1,131.93 $7,887.10 = $9,019.03 my share and $1,131.93 $8,994 = $10,125.93 my employer's share). For my wife's employer and her is $6,204.41 ($785.71 my wife's share and $785.71 $4,632.99 = $5,418.70 her employer's share). Lowering the amount in order to a .5% (2.05% healthcare step 1.45% Medicare) contribution each for a total of 7% for low income workers should make it affordable for workers and employers.

I feel this certainly important: when politicians corrupt the people, they take away their control. It is already hard enough for an honest population to get rid of corrupt political figures. It is almost impossible for a corrupt population to do so.

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