How should the tax rates be structured?

Question

Since I hear so many people talking about redistribution of wealth and how the Bush tax cuts are unfair, I'm curious to hear how people think the rates should be. For reference, here are the rates for 2007 for taxable income for a single person:

$0 - $7,825 - 10%

$7,825 - $31, 850 - 15%

$31,850 - $77,100 - 25%

$77,100 - $160,850 - 28%

$160,850 - $349,700 - 33%

$349,700 and above - 35%

Answer 1

Flat tax, all pay their share, no loopholes.