Why?
We live on borrowed or printed money that is far greater than 3% of federal taxes!
The U.S. had a budget deficit of 779 billion in 2018.
There were 1,822 billion collected in income taxes, and 1,295 collected in Social Security, Medicare, unemployment, and retirement funds. Total about 3,117 billion in direct individual taxes.
So the deficit is already as much as 25% of the individual taxes collected.
How will another 3% make a significant difference?