The alternative budget would also go a long way to restoring American competitiveness by making the 2001 and 2003 tax cuts permanent, lowering the corporate tax rate from 35% to 25%, and simplifying the tax code by allowing individuals the choice of opting into a system with a 10% marginal tax rate on all incomes below $100,000 and 25% rate on incomes above $100,000. Even with all these changes, the alternative budget would bring in revenues averaging just below 18% of GDP, which is near the historical average.

I don’t make six figures but still pay almost 33% of my income in taxes. This would certainally help. I haven’t read either budget, but anything that proports to simplify many of the systems we have is a good thing.