Graham USA Federal Income Tax Reformation Plan!

Here is my proposed USA Federal Income Tax Reformation Plan.

USA Income Tax Reformation 2012							* Amount of Income filed increases by .1% for every $1000 earned annually, up to $300,000.00+		*$99,999.99>Starts at 20% Tax Rate
Amount Filed							Percentage Taxed
Up to $20,000.00							10%
$  21,000.00							11.10%
$  22,000.00							11.20%
$  23,000.00							11.30%
$  24,000.00							11.40%
$  25,000.00							11.50%
$  26,000.00							11.60%
$  27,000.00							11.70%
$  28,000.00							11.80%
$  29,000.00							11.90%
$  30,000.00							12.00%
$  40,000.00							13.00%
$  50,000.00							14.00%
$  60,000.00							15.00%
$  70,000.00							16.00%
$  80,000.00							17.00%
$  90,000.00							18.00%
$  100,000.00							20.00%
$  110,000.00							21.00%
$  120,000.00							22.00%
$  130,000.00							23.00%
$  140,000.00							24.00%
$  150,000.00							25.00%
$  160,000.00							26.00%
$  170,000.00							27.00%
$  180,000.00							28.00%
$  190,000.00							29.00%
$  200,000.00							30.00%
$ 300,000.00 +							40.00%