Most of the table below shows tax calculations under current tax system for the four taxpayers described in this website.

At bottom see calculations for 1) the Fair Share Tax proposed here and 2) the very regressive “Fair Tax” proposed by some Republicans.


You can download this excel spreadsheet by clicking Four Tax Payer Spreadsheet

[All down-loadable documents on this site have been virus-scanned on a Mac.]


Calculations are explained in the Tax Reform Essay.

 

Elena, the Smiths and the Richs are typical, hypothetical taxpayers in 2006 or 2007. Warren Buffett's taxes are based on the personal tax information he disclosed for 2006 and his company's annual report. For all four, their financial situations and tax calculations are outlined on this page, the downloadable Four Taxpayer Spreadsheet.xls, and in the Tax Reform Essay.