Taxes

52. TAXES

Taxes should be:

• Simple

• Transparent

• Predictable

• Fair

• Economically sustainable

Government should justify spending before automatically demanding additional revenue.

MPA supports comprehensive tax reform and serious evaluation of alternative taxation systems.

Property taxation deserves particular scrutiny because Americans should not effectively be permanently renting fully owned property from government.

Major changes should be subjected to transparent economic modeling before implementation.

53. SPENDING & NATIONAL DEBT

The federal government cannot borrow forever without consequences.

MPA supports:

• Long-term balanced budgeting

• Program audits

• Fraud elimination

• Procurement reform

• Spending reviews

• Long-term cost estimates

• Elimination of obsolete programs

• Debt reduction during strong economic periods

Fiscal responsibility means prioritizing.

It does not mean pretending government has no legitimate responsibilities.

PROPOSED / DRAFT — INFLATION & COST-OF-LIVING STABILITY

Stable prices are a basic responsibility of national economic policy. Persistent inflation functions like a hidden tax, falls hardest on households with the least financial cushion, weakens wages and savings, and makes long-term planning more difficult.

Congress and the Executive Branch should publish the expected inflationary, debt, and household-cost effects of major spending, tax, tariff, subsidy, and regulatory proposals. Emergency programs should include clear limits, review dates, and an exit plan.

Policy should expand the supply of essentials by removing unreasonable barriers to housing construction, reliable energy, transportation, healthcare competition, domestic production, and resilient supply chains. Government should enforce laws against fraud, collusion, and deceptive pricing while avoiding broad price controls that create shortages or conceal underlying supply problems.

Federal tax brackets, standard deductions, and major income-tested thresholds should be reviewed for timely inflation indexing so ordinary wage adjustments do not create unintended tax increases or sudden benefit losses.

Monetary policy should pursue durable price stability with transparent reasoning and public accountability. Short-term political convenience should not override the long-term value of Americans’ wages and savings.

Status: Proposed / Draft — not yet formally adopted.

Last updated: August 24, 2026.

Version: Draft 0.2.

PROPOSED / DRAFT — SENIOR SECURITY & SOCIAL SECURITY REFORM

Americans who worked, contributed, raised families, served their communities, and built the country deserve security and dignity in retirement. Social Security is an earned insurance benefit, not ordinary taxable income or a discretionary welfare payment.

FULL RETIREMENT AT AGE 72

The proposed full-retirement age is 72. At age 72, an eligible worker receives 100% of the full earned retirement benefit calculated under the reformed system, without an earnings-test penalty for continuing to work.

The reform must protect benefits already being paid. Disability benefits, survivor benefits, dependent benefits, and benefits for people whose health prevents continued employment must remain available under their own eligibility rules and must not require a person to wait until age 72.

Any early-retirement option must be clearly disclosed and actuarially fair. Congress must publish a nonpartisan actuarial analysis, a generational-impact statement, and a transition schedule before changing eligibility for workers who planned under existing rules. No transition formula should be presented as final until that analysis is complete.

NO TAX ON SOCIAL SECURITY BENEFITS

Federal, state, and local governments should not impose an income tax on Social Security retirement, survivor, or disability benefits. Benefits represent protection financed by workers and employers and should reach the beneficiary without a second income-tax burden.

PRIMARY-HOME PROPERTY-TAX PROTECTION FOR SENIORS

A person age 72 or older should not lose a qualifying owner-occupied primary residence because of property taxes. States should provide a full exemption, credit, reimbursement, or equivalent protection for a reasonable primary residence while retaining authority to define residency, acreage, value, anti-fraud, and luxury-property rules.

The policy applies to a primary home, not unlimited investment property, vacation property, or commercial property. States may choose the method, but the protection must be real, simple to claim, portable within the state, and structured so local essential services are not abruptly defunded.

BENEFIT SOLVENCY, TRANSPARENCY & PROTECTION

Social Security contributions and trust-fund activity must be independently audited and reported in plain language. Congress must publish long-range solvency projections and may not conceal benefit reductions through unexplained formulas, administrative delay, or inflation measures that fail to reflect seniors’ actual essential costs.

Annual benefit adjustments should consider the costs seniors actually experience, including housing, food, utilities, healthcare, prescriptions, insurance, and transportation.

Status: Proposed / Draft — not yet formally adopted.

Last updated: August 24, 2026.

Version: Draft 0.3.