I disagree with your analysis. Taxes due are going to be less a function of your income and more a function of tax law. At least in the United States, we have e

I disagree with your analysis. Taxes due are going to be less a function of your income and more a function of tax law. At least in the United States, we have enjoyed many years of low and lowering taxes, at the expense of ever-increasing debt, and are likely reaching the limits of what we can expect the magic of monetary theory to insulate us from. Upshot: tax rates will have to increase substantially in the medium term.