Net Profits Only.
And salaried labor is 100% deductable as an even trade, with no taxable profit.
And then the States, Counties, Cities, etc. have to get ALL of their shares out of that 10%, too.
And any proposal by anyone, anywhere, to raise any of it or expand it, gets a mandatory death penalty.
And and unbalanced budget gets the same penalty for the bureaucrats and politicians responsible.
I call my plan, "The End of Poverty-Sucking Liberals Tax Plan."
The max total tax burden should not exceed 20%. So 10% for Feds and the other 10% goes to States, Counties, Cities, municipalities. The max of 20% is Biblical and something economists for the most part agree with.
I wouldn’t make it the death penalty to raise taxes any higher, but those who wish vote a tax increase in should be the only ones to pay it. Make it applicable to everyone with absolutely no exceptions. And they have to be voted on by the public. None of this passing a tax increase bill in the middle of the night with a bare minimum quorum. If they do try something like that then a long, long prison sentence and/or death penalty would be appropriate.
As for the unbalanced budget. I would penalize the bureaucrats by garnishing their wages, their bank accounts, putting liens on their real estate, etc. Make a determination if they are incompetent or are intentionally trying to screw up the budget and judge them accordingly. Then fire them. Hang them if it warrants. And if they produce budget surpluses? They get bonuses on their paychecks!
There need to be incentives for using the money wisely and disincentives for its mis-use for those who work for us.