Trump--if he wins--would push for a possible radical overhaul that could be on the scale of what Steve Forbes proposed back in 1996: a no-loophole flat tax with a generous initial earned income deduction to protect low-income taxpayers.
“FairTax: America’s economic cure”
We need to stop playing fiscal games.
The fact is that the USA is still running massive deficits.
Income tax rates on people earning more than $50,000/year need to be raised.
Haircut taxes of 100% of incomes above high random annually-set amounts ranging upwards of $250,000/year/person need to be imposed and collected.
[The annual random amount might be the last eight-digit dollar amount of say federal income tax payments processed by a certain date annually.]
[Another possibility is lottery balls labeled with dollar amounts. The higher the unemployment rate, the more balls drawn, with the highest dollar amount used.]
Capital gains preferences need to be eliminated.
The mortgage interest deduction needs to go.
The regulations need to get cut down to proper size.
Zoning needs to be limited to usage and enclosed square feet/acre caps.
We need protective tariffs.
We need to make things domestically in all cases where it would not cause consumer inflation.