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Working Draft — Version 2, 2026 · Policy framework, not an introduced bill

Plan for ProsperityNonpartisan fiscal framework

A10 · Pillar A · Revenue Optimization

Enhanced withholding and information reporting

Extend Form 1099-style automated reporting to undercovered income — gig work, certain rental income, partnership and S-corporation distributions — with modest expansion of withholding for non-employee compensation. The objective is automated compliance, not new rates.

All policies / Revenue

10-year fiscal
+$1.2TRevenue

$900B–$1.5T · Medium-High confidence

Implementation
Years 2–6
Y1Y10Y20
Middle class
Positive on average

Closes the largest tax-gap component: underreported business and self-employment income.

Planetary
Neutral

No material climate effect.

Global precedent

Most OECD jurisdictions operate more comprehensive withholding and information-reporting systems than the United States, with documented compliance benefits.

Lead mechanism

Treasury and IRS.

Bipartisan framing

Conservative case

Reduces compliance burden through automation; enforces existing law.

Progressive case

Addresses systematic underpayment by higher-income filers.

Figures in this framework are illustrative directional estimates derived from publicly available data and conventional Congressional Budget Office budget-window logic. They are not official CBO scores. Any provision adopted from this framework would require formal CBO scoring before legislative consideration. This document is a policy white paper, not an introduced bill.