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The current top rate of income tax is 39.6percentnt.
These three rates would be replaced by a single rate, which would be considerably lower than the current top rate.
The 40% top rate of tax starts for most taxpayers - those who claim the standard personal allowance - at £38,335, the current top rate "threshold".
Investment income and multimillion-dollar estates would be untaxed, versus a current top rate of 15 percent on most investments and 35 percent on estates.
Business owners, for instance, can lock in the current top rate of 15 percent on capital gains if they sell their company before the end of the year.
The difference between the current top rate, 35percentt, and the top A.M.T. rate, 28percentt, is only seven percentage points, compared with a difference of 11.6 points before the 2001 law.
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Initial tax rates on consumption would be low, and would then rise steadily with consumption, topping out at higher levels than the current top rates on income.
The current top rates of 39.6percentand36percentcent would be reduced to 33percentt.
"We polled our community for most requested feature, and the current top rated option is the ability to Zone your prison into wings," explains Delay.
In many cases, current top rates are below, or to the lower end of, the estimated range of revenue-maximizing rates.
The tax rates climb from there, with the current top federal rate of 35% imposed on taxable income above $372,950.
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