Taxing the poor

No one who makes under $20,000 would pay any taxes on their income. Not income tax, not FICA, not Medicare. So a married couple, or a two income household, would not pay any taxes on their first $40,000 of income. These people would not have to file tax returns saving the government from having to process millions of returns. I would encourage states to rewrite their tax laws to reflect the $20,000 zero tax bracket.

Think how much this would stimulate the economy. Imagine all the folks making $375 a week were suddenly taking home $375 instead of $280. That would be like getting a 34% raise! Most people in that income range would spend most of that extra $95 each week.