To spur an increase economic spending and a resulting increase in tax revenue, reduce the tax rate on traditional IRA withdrawals or rollovers to Roth IRAs, for anyone over age 62, from the current taxpayer rate to a minimum of 0 and maximum of 15 percent based on graduated amounts of withdrawal/rollover. This will encourage retirees to use the funds in their traditional IRAs and that money can then be used in the economy. The IRS would collect the increase in the taxes and would see an immediate revenue source that should be used for payment of the national debt.
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