American Tax Simplification & Fairness Act
One page. Two rates. Zero loopholes for billionaires. File your taxes in 15 minutes—for FREE.
📄 What Does This Bill Do?
The tax code is 4 MILLION words long. Americans spend 6.5 billion hours every year doing their taxes. This bill fixes it: just TWO tax rates, generous tax-free amounts for working families, ALL income taxed the same (so billionaires can't pay less than teachers), and a one-page tax form you can finish in 15 minutes—for FREE.
🚨 Our Tax System Is Broken
tax code
spend on taxes
compliance each year
or software
for the connected
🏛️ Four Big Changes
One-Page Filing
Most people can file on a single page in 15 minutes. No schedules, no complexity.
All Income Equal
Wages and investment income taxed the same. A dollar is a dollar.
Big Tax-Free Amount
Family of 4 pays ZERO tax on first $60,000. Higher than current system!
Free IRS Filing
File online for FREE directly with IRS. No more paying TurboTax!
📊 Just Two Tax Rates
No more confusing brackets. Just two rates—and most people only see the first one.
Standard Rate
or $1 million (married)
High-Income Rate
or $1 million (married)
Current system has 7 brackets from 10% to 37%. This bill: just 2.
💵 Tax-Free Income for Working Families
Before you pay ANY tax, you get a big personal exemption. This helps working families more than the rich.
Current standard deduction: $29,200 for married. This bill: $40,000+. BIG upgrade!
💵 Real Examples: What Would YOU Pay?
Here's how much different families would owe under this simpler, fairer system:
⚖️ Closing the Billionaire Loophole
Right now, billionaires pay lower tax rates than teachers. Why? Because investment income is taxed less than wages. This bill says: a dollar is a dollar.
Capital Gains = Wages
Stock profits taxed the same as your paycheck. No more special treatment.
Dividends = Wages
Investment income from dividends taxed like regular income.
Asset-Backed Loans Taxed
Billionaires borrow against stocks to avoid taxes. Now that counts as income!
Inflation Protection
Long-term gains adjusted for inflation so you're not taxed on fake profits.
📄 The One-Page Tax Return
For most Americans, filing taxes should take 15 minutes on a single page. No more 50-page returns!
Form 1040-S
New "Simple" form fits on ONE page
15 Minutes
Most people done in quarter-hour
Free IRS Direct File
File online directly with IRS—$0
Mobile App
File from your phone
Auto-Import
W-2s and 1099s filled in for you
Pre-Filled Option
IRS prepares your return—just review!
✅ What Stays. What Goes.
We keep the deductions that matter to regular families. We eliminate the loopholes for the wealthy.
Charitable Giving
KEPT - No limit
Mortgage Interest
KEPT - Up to $500K
State/Local Taxes
KEPT - Up to $20-30K
Medical Expenses
KEPT - Over 7.5% AGI
401(k), IRA, HSA
ALL KEPT
529 Plans
KEPT - Education savings
💰 Revenue Neutral: How It Balances
This bill doesn't add to the deficit. It pays for lower rates by closing loopholes.
Target revenue: $2.4-2.6 trillion/year (same as current system)
🛡️ Built-In Protections
5-Year Transition Protection
If you make under $1M, you won't pay MORE than current law for 5 years.
Child Benefit Floor
Families with kids get at LEAST as much as current Child Tax Credit.
Inflation Adjusted
All exemptions and thresholds rise with inflation automatically.
10-Year Sunset
System reviewed every 3 years. Ends if it doesn't work.
Privacy Protected
Warrant required for searches. Data minimization rules.
Deficit Neutral
If revenue falls short, rates adjust automatically.
📄 Simple. Fair. Free.
Taxes don't have to be torture. Two rates. One page. All income treated equally. File for FREE in 15 minutes. That's not a fantasy—it's how taxes work in most countries. This bill brings America into the modern world. That's showing your work.
Gregory Burgess for Congress
No Party Preference • California's 2nd Congressional District
"Show Your Work" Campaign