Basic income around the world under the name "the Tax Cut for the Rest of Us Act," based on a proposal coauthored by Al Sheahen. Following the 2009 financial crisis, and the increase political attention to the issue of inequality brought on by movements such as Occupy and the 99 Percent, brought new interest to basic income, which was furthered by influence from basic income trials conducted in Namibia and Indian and petition drives (citizens initiatives) for basic income in Switzerland and the European Union. Discussion has picked up every year to the point where mainstream political actors are regularly talking about basic income for
Income tax in the United States localities impose an income tax at a graduated rate, and some at a flat rate on all taxable income. Federal tax rates in 2013 varied from 10% to 39.6%. Individuals are eligible for a reduced rate of federal income tax on capital gains and qualifying dividends. The tax rate and some deductions are different for individuals depending on filing status. Married individuals may compute tax as a couple or separately. Single individuals may be eligible for reduced tax rates if they are head of a household in which they live with a dependent. Taxable income is defined in a comprehensive