Two-Tone Tax Plan

[King]

Income Tax
8% is what we take out of your first $50,000 of income
6% is added on to that rate on income from $50,000 to $300,000 (14%)
7% is added on after your first $300,000 (21%)

Value-Added Sales Tax
5% on items purchased by individuals greater than $1000 plus alcohol, tobacco, and marijuana
3% on items purchased by individuals from $0.01 to $999.99 that could not be classified as:

0% on items that could be purchased with food stamps (groceries)

Corporate Tax
9% flat on corporate revenues

Pass it, smurfs.

[King]

We can call it Jenny's Law.

Perhaps the Tutone Tax Plan.

[King]

not bad, but I think this would take in less revenue than Herman's plan.

It might take in slightly more after I thought more seriously about this (joke) plan for awhile later today.  Our 9s would be both in the same corporate tax.  The sales tax would be significantly less, but still substantial and less regressive.  The income tax of 8-14-21 bracket compared to 9 flat would probably make up for the lower sales tax.