Eat The Rich...
The median single yearly income in America now is $48, 600. This is the average reported gross income (before taxes) here in the US. This income covers the vast majority (over 70%)of working adults. The tax rate on this income, as of 2026, is $5,578 + 22% of the gross income. This means, when we do the math, that a working single adult making $48,600 will have to pay the following: $5,578 + $10,692= $16,270 That means that total they get to take home every year is only $32,330 IF you don't take into account the average state taxes of $4800 (15% of your gross income), which would THEN give you $27,480/year. For the HIGHEST based bracket, if you make over $626,000/year, you would pay $188,780 + 37%. So, if you made $650,000, the math would be: $188,780 + $240,500 = $429,280 for Federal income tax This would mean that the gross federal income would be $220,720. $123,220 after 15% state taxes. And I get it... That top tier tax seems like a presumptuous amount of money to expec...