Should it be a flat 70% tax?
Imagine a 70% flat income tax for a person working in California.
13.3% state income tax on top of that.
83.3% of your income evaporates.
What’s the incentive to work, run a business?
For me it took 50% in taxes Federal, SS/Medicare to convince me to can the employees, become a sole proprietor working part time and limit my income.