“0/100 RATE” TAX PLAN: EXEMPTING 70% OF AMERICANS FROM INCOME TAX WITH A STRATEGIC PATHWAY TO SLASH RATES TO 15%

You can calculate your new tax rates on www.bowman2026.com using the online calculator.

LEXINGTON, KY — JUNE 19, 2026 — A bold legislative blueprint, the “0/100 Rate” Tax Plan, was unveiled today, launching a direct assault on Washington’s broken economic status quo. The policy completely obliterates the 70,000-page federal tax code, replacing it with a hardline, two-tiered framework built to trigger massive economic growth and rescue the American working class.

The massive real-world impact of this framework is best illustrated by a single worker earning $100,000:

• “0/100 Rate” Plan: A single earner pays $0 on $100,000 of earnings.

The core of the framework delivers immediate financial oxygen where it is needed most:

• The first $100,000 of an individual taxpayer’s income or business net profit is 100% tax-exempt (0% statutory rate).
• A single flat rate of 20% applies exclusively to the money earned above that $100,000 baseline.

By entirely untaxing the first $100,000 of individual income, the plan instantly wipes out all federal income tax liabilities for 65% to 70% of American households.

Crucially, the flat rate completely closes the complex loopholes used by corporate titans to evade liabilities, while aggressively promoting American production. Rather than relying on heavy-handed mandates, the plan offers multinational conglomerates a voluntary structural choice: opt into a highly competitive 20% standard rate by investing in domestic facilities, or select a straightforward 25% non-compliance market-access rate if they choose to maintain overseas supply chains. This market-driven flexibility seamlessly rewards companies that move the United States back to our core strength of manufacturing.

Unlike conventional political promises that balloon national debt, the “0/100 Rate” framework features a mathematically deficit-neutral design. It enforces immediate fiscal discipline in Year 1 through strict federal spending cuts of 6.5%, the passage of an unyielding government spending freeze, and the total eradication of special-interest corporate loopholes.

To lock in permanent legislative accountability, the plan binds Washington to a strict performance trigger: maintaining a balanced ledger incrementally drops the flat tax rate to a permanent floor of 15% over three years. Running a deficit triggers automatic, universal government austerity.

The comprehensive policy whitepaper contains detailed, high-stakes architectures covering domestic manufacturing incentives, offshore corporate cash repatriation, short-term Wall Street speculation curbs, and market-access options for American factories.

A Mathematically Bulletproof Balance

When these three mechanisms run concurrently, the math is undeniable. The initial $850 billion baseline revenue shift is completely offset by $868.5 billion in combined structural spending corrections, recovered loophole revenue, and dynamic growth. Coupled with the multi-year government spending freeze, this is a rock-solid budget that generates a safe $18.5 billion surplus, securing the long-term solvency of our country while liberating the American worker.

Strategic Legislative Strategy and Committee Priorities

The “0/100 Rate” Tax Plan is only one portion of a comprehensive Congressional passage strategy. As an incoming freshman congressman, Bowman will have fully drafted legislation ready for immediate submission on Day 1. To aggressively champion this economic overhaul, he will simultaneously submit formal requests for three committee appointments vital to securing legislative leverage for a new congressman.

“I will use Congress’s own rules to bring this legislation to a vote,” Bowman said. “I don’t have years to wait, and neither does 70 percent of the US population to make this happen.”

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The full whitepaper, including detailed fiscal impact matrices, economic modeling, and policy comparisons, is available on request after June 19, 2026.

Media Contact:
Jay Bowman / Candidate
Bowman2026
859.321.2117
J@bowman2026.com
www.bowman2026.com

PRESS Q&A SECTION:

Section 1: Mortgage Interest Deduction

Q: Does the “0/100 Rate” Tax Plan eliminate the mortgage interest deduction?

A: Yes. The plan removes all deductions to wipe out the 70,000-page tax code. However, a direct tax cut is vastly superior to a tax deduction:

• Instant Cash vs. Year-End Paperwork: Deductions only lower your taxable income at the end of the year. Our plan gives you a direct exemption. You keep 100% of your paycheck immediately.
• Obsolete Under a $0 Tax Bill: If you earn under $100,000, your federal income tax is exactly $0. You do not need a mortgage deduction because you have no tax liability left to reduce.
• Fixes a Broken System: Right now, 90% of Americans take the standard deduction and get zero benefit from their mortgage. Our plan guarantees immediate tax relief for 70% of households.
• Eradicates Accountant Costs: Eliminating complex deductions removes the need for expensive tax software and accountants.

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Section 2: Every Individual Taxpayer

Q: Does every individual taxpayer get the $100,000 exemption?

A: Yes. The framework applies equally to every single American worker, without exception:

• Universal Baseline: The first $100,000 of your individual income is completely tax-exempt.
• Massive Middle-Class Relief: Wipes out 100% of federal income tax liabilities for 65% to 70% of American households.
• No Marriage Penalty: If both spouses work, each individual gets their own $100,000 exemption. A married couple pays $0 in federal income tax on their first $200,000 of combined income.
• Flat Rate Above the Line: You only pay a flat 20% on the money you earn above your personal $100,000 baseline.

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Section 3: Business Owners

Q: How does the “0/100 Rate” Tax Plan apply to businesses?

A: Business net profits receive the exact same $100,000 tax exemption. The plan treats Main Street businesses and independent workers with the same fairness as individuals:

• $0 Tax on First $100K: Small business owners and entrepreneurs pay a 0% tax rate on their first $100,000 in net profit.
• Immediate Financial Oxygen: Keeping the first $100,000 of profit injects critical cash flow directly back into local businesses to fund hiring and growth.
• End of Corporate Loopholes: A flat 20% rate applies to all business profits above $100,000, permanently closing complex tax evasion loopholes used by corporate titans.
• Rewards American Manufacturing: Multi-national corporations can choose the standard 20% rate by investing in domestic facilities, or pay a 25% market-access rate if they keep supply chains overseas.

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Section 4: Capital Gains and Investments

Q: How does the “0/100 Rate” Tax Plan handle capital gains and investment income?

A: Capital gains are fully integrated into the simple 0/100 framework. The plan eliminates special preferential tax brackets for Wall Street and treats investment income exactly like regular earnings:

• Universal $100K Shield: Your first $100,000 of investment returns, dividends, or capital gains is 100% tax-free.
• Curbs Short-Term Speculation: High-volume Wall Street speculators and institutional investors pay a flat 25% on all gains above the $100,000 threshold.
• Total System Simplification: Merging long term capital gains into the standard 0/100 tier eliminates pages of complex IRS forms and tracking requirements.

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Section 5: Social Security and Medicare

Q: Will the plan’s 6.5% government spending cuts impact Social Security and Medicare?

A: Absolutely not. The required 6.5% spending cuts target government waste, not the benefits seniors rely on:

• Protects Citizen Benefits: Your monthly Social Security checks and Medicare health coverage are 100% safe and will not be touched.
• Targets Administrative Waste: The 6.5% reduction applies strictly to bloated federal bureaucracy, internal overhead, and system inefficiencies.
• Locks in Payroll Taxes: The existing payroll tax structures that fund these critical programs remain completely intact to secure long-term solvency.
• Eradicates Special-Interest Loopholes: Bureaucratic funding gaps are filled by closing corporate tax loopholes rather than cutting citizen entitlements.

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