"What is the cost of being a citizen of the most free, most fair, most safe country with the greatest opportunity of personal success that the world has ever known? Quite literally, that cost is the annual budget of the United States divided by the number of citizens: $3.8 trillion divided by roughly 300 million citizens, or $12,730 per person per year. That is the fair tax.
A single percentage income tax on all would not be fair. If we were all taxed at say, 3%, a person with income of $10,000 would only pay taxes of $300 while those earning $100,000 would pay $3,000 and those earning $1,000,000 would pay $30,000. And yet we all benefit from national defense, services that lead to social stability, the interstate highway system, etc. Why would it be "fair" to ask some citizens to pay only $300 a year for those benefits, and others $30,000? When we go to the grocery store, there is one cost for all for a loaf of bread. Why are government services so different?
But our system doesn’t even stop there. Our system uses the following graduated tax table:
Marginal Tax Rate
10% $0 – $8,375
15% $8,376 – $34,000
25% $34,001 – $82,400
28% $82,401 – $171,850
33% $171,851 – $373,650
According to this current tax table, a person with income of $10,000 pays tax of $1,081, while those earning $100,000 pay $21,709 and those earning $1,000,000 pay $327,644 in federal income taxes. What is fair about that? Someone works hard to increase their earnings 100 times, only to also earn the dubious requirement of paying 303 times more taxes – for receipt of the exact same services.
Let's put this in perspective: if millionaires paid 303 times more for everything, they would pay $600 for every loaf of bread, $1,179 per gallon for gas, $2,485 for a single movie ticket, $5,357 for each pair of Wrangler jeans. Yet the liberals in this country have the audacity to declare that "the rich" should carry even more of the tax burden.
I know this is an oversimplification, and that I have not addressed things like the myriad deductions that skew the taxes actually paid. But that is a different argument altogether. My point is that it is disgusting that our President and the Democratic party are actually calling for more "shared sacrifice." Already, 43% of all Americans pay no federal income taxes.
What -exactly- are they sacrificing?"
 United States 2010 federal tax rates per IRS.gov.
Thank you once again, dear Sandy. You're one of my heroes.