A better budget plan to make America Great Again.

Billionaires and Profitable corps share the success rather than republicans current plan to make deep cuts to social security & medicare

I’ve developed a balanced approach that keeps taxes low for most Americans (making less than $200k/yr ) while targeting ultra-high earners and making modest corporate tax adjustments, combined with targeted spending efficiencies.

Summary of Approach

This plan would reduce the deficit by approximately 25% ($450.8 billion) through a combination of targeted revenue increases (36.2%) and spending reductions (63.8%).

Key Components

1. Social Security Reform

• Current cap: $168k
• Proposed cap: $400k (not eliminated)
• Additional revenue: $119 billion
• Impact: No change for anyone earning under the 400k cap

2. Ultra-High Income Tax Bracket

• New bracket: 45% on income above $100 million only (vs. current 37%)
• Additional revenue: $19.2 billion
• Impact: Only affects ultra-high earners with income over $100 million

3. Modest Corporate Tax Adjustment

• Current rate: 21%
• Proposed rate: 22% (1 percentage point increase)
• Additional revenue: $25 billion
• Impact: Minor impact on corporate profits and competitiveness

4. Targeted Spending Efficiencies

• Reduction target: 4.5% of federal budget
• Spending reduction: $287.6 billion
• Strategy: Focus on efficiency rather than cutting services

Impact on Different Income Levels

Under $168k — No change to taxes

$168k-$400k — Only pay SS tax on income up to $400K (modest increase)

$400K-$100M — No additional income tax beyond current rates

Above $100M — Pay 45% (instead of 37%) on income above $100M threshold

For example:

• $50,000 earner: No change
• $175,000 earner: $397 additional SS tax (+3.8%)
• $1 million earner: $14,347 additional SS tax (no additional income tax)
• $500 million earner: $14,347 additional SS tax + $32 million additional income tax

Areas for Spending Efficiency

• Targeted program efficiencies rather than across-the-board cuts
• Elimination of duplicative federal programs
• Healthcare delivery reforms to reduce costs without reducing coverage
• Defense procurement reform and base consolidation
• Reduction of improper payments and fraud in federal programs

Deficit Impact

• Current deficit: $1,800 billion (28.2% of budget)
• New deficit: $1,349 billion (21.1% of budget)
• Reduction: 25% of current deficit

This approach maintains the progressive nature of the tax system while shielding lower and middle-income Americans from tax increases. It places modest additional burdens on very high earners and corporations while focusing on government efficiency to achieve the majority of deficit reduction.

The plan balances fiscal responsibility with economic growth considerations and protects working and middle-class families from additional tax burdens during challenging economic times.

America helped you get rich and successful, help the rest with your profits.