Policy & Finance

Ideas for Major Societal Leaps Forward

Practical proposals for fiscal responsibility at every level of government, and innovations in financial technology that put individuals first.

Explore the Framework
The Framework

Three Steps to Fiscal Responsibility

1

Overhaul the Tax Code

Replace all federal taxes with a single 10% National Sales Tax on consumer purchases (groceries exempt). One tax. One rate. No loopholes.

2

Cut Spending to Revenue

Cap total government outlays to match the revenue generated by the 10% National Sales Tax — approximately $1.8 trillion annually.

3

Pay Off All Debts

Buy out the $27 trillion owed to every American who paid into Social Security and Medicare. Finance through surpluses, asset sales, and borrowing at 1% interest — then pay down all debt.

Implementation Roadmap

The 10-Year Plan

This plan has two distinct phases. In the first five years, we buy out every dollar that Americans contributed to Social Security and Medicare — a $27 trillion obligation financed through radical spending cuts, $4 trillion in asset sales, and temporary borrowing at 1% interest. Debt peaks at $61 trillion before surpluses take over. In Phase 2, with entitlements eliminated, permanent surpluses bend the debt curve downward. Debt-free by 2069.

Phase 1

Years 1–5: The Buyout

Buy out every dollar the government owes to Americans who paid into Social Security and Medicare — $27 trillion, paid over 4 years into individual IRAs and HSAs.

$27T
Entitlement buyout obligation
$4T
Asset liquidation proceeds
1%
Refinanced interest rate
Year 1Year 2Year 3Year 4Year 5
10% NST Revenue$1.84T$1.90T$1.97T$2.04T$2.11T
Defense$0.70T$0.60T$0.50T$0.35T$1.03T
All Other Government$0.70T$0.50T$0.35T$0.20T$0.20T
Medicaid (sunset Year 1)$0.60T————
Operating Surplus-$0.16T$0.80T$1.12T$1.49T$0.87T
Interest Expense (1%)-$0.39T-$0.45T-$0.51T-$0.56T-$0.61T
Asset Liquidations+$1.00T+$1.00T+$1.00T+$1.00T—
Buyout Payments-$6.75T-$6.75T-$6.75T-$6.75T—
Net Cash Flow-$6.30T-$5.40T-$5.14T-$4.82T+$0.27T
Ending Debt$45.3T$50.7T$55.8T$60.7T$60.4T
  • Every worker receives a Personal Social Security Ledger — total contributions vs. benefits received
  • Net balances deposited into individual IRAs (Social Security) and HSAs (Medicare)
  • Priority: current retirees first, then closest to retirement
  • Social Security Administration, Medicare, and Medicaid fully sunset by end of Year 5
  • IRS eliminated — no income tax, no payroll tax, no corporate tax to enforce
  • Debt peaks at $60.7T in Year 4 — the deepest point of the "valley"
Why Debt Rises Before It Falls
Yes, debt rises temporarily to $61 trillion. This is intentional. The $27T buyout converts an unfunded, off-balance-sheet liability into transparent sovereign debt — and then we pay it off. The alternative is the status quo: trust fund depletion by 2034, automatic 21% benefit cuts, and $39 trillion in debt that never stops growing.
Phase 2

Years 6–10: The Paydown

With entitlements eliminated, permanent operating surpluses bend the debt curve downward.

$0
Annual entitlement spending
$1.0T+
Annual operating surplus
$2.2T
Debt reduction from peak
Year 6Year 7Year 8Year 9Year 10
10% NST Revenue$2.18T$2.26T$2.34T$2.42T$2.50T
Defense (3% GDP)$1.07T$1.11T$1.15T$1.19T$1.23T
All Other Government$0.20T$0.20T$0.20T$0.20T$0.20T
Operating Surplus$0.91T$0.95T$0.99T$1.03T$1.08T
Interest Expense (1%)-$0.60T-$0.60T-$0.60T-$0.59T-$0.59T
Net Debt Paydown$0.31T$0.35T$0.39T$0.44T$0.49T
Ending Debt$60.1T$59.7T$59.3T$58.9T$58.4T
  • No Social Security. No Medicare. No income tax. No corporate tax. No IRS.
  • Defense permanently funded at 3% of GDP
  • All other government runs on $200B/year
  • Every dollar of surplus goes to principal reduction
  • Debt reduced $2.2T from peak by Year 10 — curve bending decisively
Long-Term Trajectory

The Path to Debt-Free

  • Year 10 (2036) Debt at $58.4T — curve bending ✓
  • Year 20 (2046) Debt at $50.5T — below today's level ✓
  • Year 30 (2056) Debt at $35.0T — half of peak ✓
  • Year 40 (2066) Debt at $8.6T — nearly there ✓
  • Year 43 (2069) DEBT FREE ✓

After Year 10, consider reducing the NST from 10% to 7%. After Year 30, to 5%. At 5%, estimated annual revenue of ~$2.5T (by then) funds defense, essential services, and continued debt paydown. The goal: a debt-free nation by 2069, funded by the simplest tax system in the developed world.

Why 1% Interest Is Achievable
The entire plan depends on refinancing all national debt at 1%. Here's why this is realistic:
  1. Japan Precedent — Japan has maintained near-zero rates for 25+ years with debt-to-GDP exceeding 250%. The U.S. at ~150% peak is less leveraged.
  2. Elimination of Default Risk — With spending constitutionally capped to NST revenue, the U.S. becomes the safest sovereign borrower in the world. Risk premium drops to near zero.
  3. No More Deficits — Once the buyout is complete, the government runs permanent surpluses. Investors accept low yields for guaranteed repayment.
  4. Federal Reserve Cooperation — The Fed maintains accommodative policy during the transition, purchasing long-duration Treasuries to suppress rates.
  5. Global Demand — U.S. Treasuries remain the world's reserve asset. At a guaranteed repayment trajectory, demand is massive even at 1%.

At 3.4% interest (today's average), Year 10 debt would be $73.7T instead of $58.4T. Refinancing saves $15.3 trillion over the first decade alone. This is why refinancing is non-negotiable.

Sources: Social Security — SSA Table 4.A3, Congressional Research Service (cumulative $29.2T income, $26.5T paid through 2024) | Medicare — 2025 Trustees Report | National Debt — U.S. Treasury Fiscal Data ($39T, March 2026) | Consumer Spending — BEA Personal Consumption Expenditures Q4 2025 (~$20T annualized) | GDP Growth — 3.5% nominal (CBO baseline range) | Interest Rate — 1.0% target (current avg 3.4%, U.S. Treasury)
Government Reform

Reforming Government at Every Level

🏛️

Federal Tax Reform

Replace income tax, payroll tax, excise tax, and corporate tax with a single 10% National Sales Tax.

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📊

Federal Spending

Create a balanced budget with clear allocations: defense, debt repayment, and sunset of Social Security and Medicare.

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⚖️

Non-Financial Reforms

Term limits, Federal Reserve elimination, U.S. Mint modernization, and agency consolidation.

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🏗️

Privatization

Sell National Parks, USPS, BLM land, lending programs, and restructure education and military bases.

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🗺️

State Government

Balanced budgets through sales-tax-only funding, education privatization, and elimination of state bonds.

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🏘️

County & Local Government

Shared services model, property tax elimination, and consolidation of city services to the county level.

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Financial Technology

Reimagining How Money Works

🏠

Mortgage Reform

Streamline the end-to-end mortgage process through Fannie Mae/Freddie Mac integration, eliminating unnecessary intermediaries.

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🔑

Real Estate Reform

Expand for-sale-by-owner tools, create auction-style property sales, and build a national property database.

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💵

Daily Finance

Transform personal finance by moving to daily payroll and daily expense amortization for clearer money management.

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