The proposal is built around one core rule:

​

Tax it once, where the cash actually settles.

 

That means:

• not taxing the same dollar multiple times

• not taxing notional values

• not taxing order flow or upstream trading activity

• taxing actual cash settlement

 

This is what makes the proposal more disciplined than broad transaction-tax models. It is designed around measurable settlement events, not vague financial activity.

The point of the plan is not simply to create a new tax. It is to shift the tax burden off workers .

 

The proposed tax relief package includes

• an Income-Adjusted Standard Deduction

• payroll taxes cut in half for workers and employers

• a stronger Earned Income Tax Credit

• an expanded and fully refundable Child Tax Credit

 

An Income-Adjusted Standard Deduction means that

• the first $75,000 of income would be tax-free for married filers

• the first $37,500 would be tax-free for single filers

• the first $56,250 would be tax-free for heads of household

 

Why that matters

• workers keep more of every paycheck

• employers pay less tax to hire and support workers

• small businesses gain room to hire, invest, and grow

• self-employed Americans get direct relief from high work-based taxes

• lower-income workers and families benefit through stronger refundable credits

• many operating businesses get more room to invest, expand, and compete as the system shifts away from overtaxing work

Payroll-tax relief does not come at the expense of earned-benefit programs.

 

Under the proposed framework

​

• workers and employers continue paying reduced payroll taxes

• lost payroll-tax revenue is fully backfilled for both Social Security and Medicare

• each program then receives an additional 25% reinforcement deposit.

 

That means the plan is designed not just to protect these programs, but to strengthen them.

A central purpose of the plan is to direct major revenue toward federal debt reduction.

 

That matters because debt is not just a long-term abstract problem. It is already expensive now.

Every year the country spends well over $1 trillion on interest on the debt, money that could otherwise support stronger priorities, broader prosperity, and greater national resilience.

 

Unburden America treats debt reduction as a central feature of the plan, not as an afterthought.

A reform of this scale should be phased in rather than dropped into the economy all at once.

One illustrative implementation path begins with a 0.10% settlement tax, rises gradually over time to 0.30%, targets debt retirement in about 8 years, and introduces major tax relief in stages rather than all at once.

 

A phased approach allows:

• the settlement toll to begin at a lower rate

• tax relief to be introduced in stages

• debt reduction to begin early and grow over time

• market effects and real-world performance to be reviewed as the plan develops

 

This makes the proposal more practical, more transparent, and easier to evaluate.

​

A stabilization reserve can help smooth receipts, protect core commitments during downturns, and make the transition more resilient. A temporary independent oversight body could also help monitor implementation, liquidity, and phase-in adjustments as the system is introduced.

After tax relief, trust-fund protection, and debt reduction, the plan is designed to leave the country with something more: lasting fiscal capacity.

​

That growing surplus is not a mistake. It is part of the design.

​

Unburden America does not try to dictate every later investment choice in this proposal. Instead, it creates the financial room for the country to make those choices from a position of greater strength.

​

Possible future priorities could include housing, healthcare, education, childcare, infrastructure, entrepreneurial support, and other forms of national renewal.

​

The first step is to modernize the revenue base and unburden work. The second step is deciding how to use that stronger position to invest in America and American citizens.