Individual tax rates would be set much higher if they were calculated based on personal budget surplus. The personal tax prep burden would be unbearable withou

Individual tax rates would be set much higher if they were calculated based on personal budget surplus. The personal tax prep burden would be unbearable without cheating or taking a statutory amount of personal expenses, which is essentially our current situation. Arguably encouraging people not to save any money would be a moral hazard. However, I think you’re really just saying you’d like personal taxes to be lowered, yes?