What are YOUR ideas on Tax Reform?

[Blue3]

What are YOUR ideas on Tax Reform?

[Blue3]

For me, the most regressive tax appears to be Payroll Taxes. I'd rather eliminate payroll taxes, and fund SS/Medicare from the general revenue, by increasing rates and eliminating some deductions and credits. (Barring that, eliminate the cap.)

I believe the mortgage interest deduction is the most expensive deduction, and one that primarily benefits people who own more than one home. If I'm remembering that correctly, then it should be eliminated or limited to only one home.

I'd be open to eliminating the corporate income tax and estate tax in exchange for creating a minimum effective tax rate for millionaires, and treating dividends as part of normal income and taxed the same way.

Impose risk fees on banks, the higher the fee depending on how high the risk.

Create a carbon tax (but not too high at first).

Make pre-filled tax papers, that save individuals the most money, which they can either choose to accept... or they can still spend the extra time/effort and possibly money having it double-checked.

[Blue3]

The loopholes were also massive in Eisenhower's time... even with an official tax rate of 90%, most billionaires would pay less than 30%.

[Blue3]

Does anyone have new ideas for how they'd do tax reform?