2023, Jul 31
National Tax Proposal – Numbers
To get better image of what would National Tax mean in reality we have prepared a quick simple return calculator. It lets us imagine the future National Tax system with more details and it will also briefly compare it with current tax rules.
You have entered annual income of $0 and National Tax rate of %.
Your National Tax rate would be calculated as $0 for the entire year.
The current tax was calculated as $0 for the first $11,000 , plus $0 for up to the second income part ceiling of $34,000 with total Federal Tax of $0.
Federal Tax Now |
National Tax |
|
Annual Income | $0 |
|
Tax Rate for National Tax | % |
|
First Part of Federal Tax, Income Up To $11,000 | $0 |
|
Second Part of Federal Tax, Income Up To $34,000 | $0 |
|
Total Tax Amount | $0 |
$0 |
This is just a proposal, but it is correct and it does make sense. National Tax system is fair, easy to prepare and to process, good for citizens and companies and the country. Most of all it promotes smart easy to understand rules that could support this country, its citizens and last for centuries to come with no complaints.
Scroll up if you'd like to run other numbers.
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AMBYTE Vermont, USA
Dec 22, 2024 - Day 357 of this year