We plan to double the standard deduction for individuals to create a large "zero-tax bracket." The first $12,000 of income for individuals and $24,000 for families will not be subject to federal income tax at all. For those who already take the standard deduction, this likely means more money immediately back in your pockets. For many who spend hours itemizing and collecting receipts, this is not just money back in your pockets, it is more time for things that are important. Our plan will allow 95 percent of Americans to complete their taxes on a single, easy-to-file sheet of paper. We will also simplify the system from seven brackets to three and eliminate many special-interest loopholes. When combined with our proposed increase in the child tax credit, these changes will allow the average family to spend more money and time together, and save for a more secure future.