Graduated Stacked Tax

The simplicity of a flat tax with the fairness of a progressive tax.

• Total annual income of every kind is taxed at the current marginal tax rate for persons, annually. 
• All exemptions, credits, loopholes, special provisions, etc. for persons and corporations are removed.
• There is one taxable entity: a person. If corporations are people then they and the people who work for them are each taxed as persons at the marginal rate indicated in the current tax tables. 

This system creates a broad, simple, predictable method of calculating what each person owes. Carrots and sticks stay in legislation, where they belong.