In which I proffer ...

.
... a completely new tax system:

1. No corporate taxes - corporate earnings are eventually paid to someone
2. First year of program, tax rate will be 2% on all income, no matter what the source, no matter the payers' tax bracket - no deductions, no exceptions!
3. Second year, tax rate will go down to 1%, and withholding by employers will end. Taxpayers will write a check by April 15 for taxes owed for previous year. No extensions!

We'll try that out for a decade ... nah, politicians would never go for it.

pm