Comment: Federally, income tax +

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Federally, income tax +

Federally, income tax + ad-valorum taxes for individuals is at 13% of household income. About 5% corporate/business tax rate.

Nationally, about 28% of all economic activity goes to the government (sans personal social insurance taxes, since you get those back). If you want to break it down into corporate vs. individuals, it depends on who "pays" sales tax and who "pays" taxes like the cigarrette tax. Putting all but the most business-like of taxes on things (business licenses) puts personal income taxes at 33% of income, and corporate taxes at 19% of income.

Plan for eliminating the national debt in 10-20 years:


Specific cuts; defense spending: