Used ChatGPT to conceptualize the image, incorporated own face into image, used Procreate to trace and color image.
Theorist disclosure
Used ChatGPT to conceptualize and formulate the Always-in-Range federal income tax to pay of the debt in 50-years
50 year USA debt payment plan
Pay off the debt! Save the dollar $ Save the USA!
The Plan
50‑year debt‑elimination package using an 'always-in-range' continuous individual‑income‑tax curve. Generates ≈$2.73 T in net new revenue each year, balancing the FY‑2025 budget and sustaining a 2 %‑of‑GDP primary surplus.
Always-In-Range
This means an algorithmic formula is applied to everyone's unique income to provide how much tax they owe. This eliminates tax brackets/baskets.
Objective
Close today’s ≈ $1.9 T cash deficit. Maintain a 2 %‑of‑GDP primary surplus to retire ≈ $36 T of gross federal debt in 50 years.
Formula parameters
Income, Gamma Y, Rmax
Income
Income below $30K and above $10M isn't taxed t = annual income m(t) = 0 - if t ≤ 30,000 - (no tax) m(t) = if 30,000 < t ≤ 10,000,000
Gamma Y = 0.92
A logarithmic s-curve calculation computed by ChatGPT based on historical taxation data in order to meet the required tax rates to reach our goal of raising $2.73 T per year. A steepness dial, Gamma, Y, is the slider that decides whether the tax ramps up gently or aggressively between $30K and $10M.
Rmax = 0.70
The logrithmic s-curve calculation computed the highest necessary tax rate on $10M to achive our 50 year goal.
Income‑tax formula (amounts in 2025 dollars)
Use standard log-10 m(t) = ((log(t)-log 30,000) / (log 10,000,000 - log 30,000)) ^γ
This rate is how much is owed on the next dollar you make after your first $30K This is the % that the above equation finds.
Effective
This rate is the percent taxed on your entire income, including the first $30K
Yield
Expected yield ≈ $2.96 T Yield after 8% enforcement/Tax gap (Under report, Overstate deductions/credits, Don't file, under pay) 15 % behavioral erosion (Defer payment, Income/Location shifting, Tax shelters) Net ≈ $2.73 T - meeting the target.
Outcome
With a constant 2¾ %‑of‑GDP primary surplus, debt‑to‑GDP falls below 60 % in the early 2040s and reaches zero shortly before FY 2075 (≈ 50 years).
Bottom Line
A smooth curve rising from 0 % to a 70 % cap—without any supplemental levies, produces the cash needed to balance today’s budget and retire the national debt inside half a century, all while eliminating bracket cliffs that invite gaming.
Other tax tools to implement and change
Include different levies e.g. Carbon Tax, Financial Transactions Tax, Patriot Tax Or adjust current tax structures i.e. Corporate Tax
Carbon Tax
A $50/ton of CO2 on refiners/importers, which would likely be passed on to consumers at a cost of $.44/gal, BUT a smart rebate design an leave most lower-income households whole or better off while still cutting emissions and raising the needed revenue. Annual Yield - Static=$190B - Likely=$120B
Patriot Tax
A 25 cent due your duty, be an American Patriot tax on all point-of=sale transactions. The faster we pay down the debt, the less of a burden it becomes. Throw a quarter at it! 25 cents on every feasible, swipe, tap, cash hand-off that goes through modern everyday POS terminals, excludes gifts, rent, payroll, wholesale ACH batches, fedwire, and similar. Annual Yield - Static=$69B - Likely between $55-69B Using high-end value in calculation with added levies because Patriots pay!
Financial Transactions Tax
An FTT would be applied to every trade of buying or selling of financial instruments e.g. stocks, bonds, derivatives, futures, crypto Estimated total trades = 24 billion A $1 FTT levy would raise $10B annually due to behavioral and enforcement adjustments. Annual Yield - Static=$24B - Likely=$9-12B
Rate stays at the current 21% rate, implemented in 2017 by the Tax Cuts and Jobs Act Which replaced the old tiered schedule of 15%, 25%, 34%, then 35% for taxable income above $10M This rate could be increased to lower the 'Always in Range' tax burden on individuals.
If we rolled back the corporate tax before 2017, No added levies
Adding Levies, or changing the Corporate tax back to pre-2017 levels would each net approximately $200 B per year. Which coincidentally is the same amount added by the levy scenario.
Income calculation
Min. and Max thresholds are CPI‑indexed annually to keep up with inflation.
Remember
All the tables are to give a reference for what tax % would be applied to the incomes shown, they aren't baskets. Each income amount is put into the 'Always-in-range' logarithmic equation, which calculates their own unique tax rate to achieve our goal of pay off our debt in 50 years.
Final Words
Be a Patriot! Balance the budget, pay off the debt! $ave the dollar! $ave the USA!