A Debt-Free Inheritance

Financing the Future Without Borrowing the Freedom of the Next Generation

2028 Presidential Campaign of Martin A. Ginsburg, RN

February 19, 2026

I. Introduction: Intergenerational Equity as a Constitutional Responsibility

A nation built on liberty cannot finance itself by restricting the liberty of those yet to come. But that is precisely what structural debt, opaque taxation, and unfunded obligations do.

The question before this campaign is not only how we tax—but how we preserve the autonomy of those who will inherit the system we design. If every dollar borrowed today limits a dollar’s use tomorrow, then every fiscal decision made in the present becomes a matter of intergenerational ethics—not just economics.

“We cannot pledge freedom in our founding documents and then finance our government by mortgaging that freedom for our children.”

II. The Nature of the Burden: What Debt Really Costs the Next Generation

National debt is not merely an accounting exercise. It has tangible consequences for future Americans:

• Interest Payments: By 2030, federal interest payments are projected to exceed defense spending. These are not services—they are costs of prior inaction.

• Crowded Fiscal Space: Tomorrow’s policymakers will have fewer choices—less room to invest, to respond to crises, or to innovate.

• Delayed Infrastructure: Funds that should be building tomorrow’s schools, transit systems, and hospitals are instead sent to creditors for yesterday’s spending.

• Democratic Constraint: Young voters inherit a government that must choose between cutting their future or servicing someone else’s past.

We do not call this fiscal realism. We call it what it is: generational displacement.

III. A Revenue Model That Ends Intergenerational Displacement

The proposed tax architecture is engineered not only for solvency—but for legacy:

• Locked Surplus Allocations: 85% of all federal budget surpluses go to debt elimination, with 15% building a sovereign wealth fund that serves future generations

• Transparent Growth Trigger: As the debt declines, the income exemption rises—from 2× to 5× the District Poverty Level

• Revenue Flexibility After Stabilization: Once debt is retired, the flat tax rate drops from 45% to ~32%, permanently reducing the burden on tomorrow’s earners

There is no longer a need to borrow from the future, because the model pre-pays it with transparency, discipline, and structure.

“This plan doesn't delay the burden. It retires it—so that our children inherit a balance sheet, not a bill.”

IV. Preserving Fiscal Capacity for Future Decision-Makers

Autonomy is not just the absence of debt—it is the presence of choice. A debt-free, investment-funded federal government means:

• Future presidents can respond to national emergencies without seeking borrowed capital

• Future Congresses can legislate based on national needs, not creditor constraints

• Future generations can propose bold reforms, knowing they are not bound by our unpaid balances

The sovereign wealth fund becomes a yield-bearing inheritance, not a liability to manage. It is the first serious intergenerational gift in modern fiscal history.

V. Generational Fairness in Practice: Income, Access, and Opportunity

This model also avoids generation-skewed subsidies or inequities by:

• Taxing all income types equally, so that generational wealth is not shielded through loopholes

• Eliminating payroll taxes, which disproportionately harm younger, lower-wage workers

• Indexing exemptions to real poverty data, ensuring that every generation is protected as economic conditions shift

This is not generational favoritism. It is a structural guarantee of fairness—regardless of age, region, or life stage.

“We will not raise our children in freedom while governing them through debt.”

VI. Strategic Takeaways for the Campaign

• The moral test of a tax policy is not only who it helps now—but who it burdens next.

• Intergenerational equity is not a theory. It is a measurable outcome of disciplined governance.

• A sovereign nation must finance its future with equity, not IOUs.

“We will not apologize to our grandchildren for what we built. We will invite them to use it, shape it, and trust it—because we had the courage to pay for it.”