Declaring bankruptcy is the final method you can use to solve the tax problem. But proper care must be taken if a person going in this method just like IRS finds that you have cheated them then severe actions always be taken against you. So, before choosing this method, consult a tax relief professional to see if is actually because the most suitable option for any person. The more you earn, the higher is the tax rate on actual earn. In 2010-you have six tax brackets: 10%, 15%, 25%, 28%, ...