Excellent idea, let me add to it that Newton wrote in the latter part of the 17th century.
http://www-gap.dcs.st-and.ac.uk/~history/Mathematicians/Newton.html The world has changed considerably since the late 1600s. We have new technologies, new political and social paradigms, machines that Newton could not have imagined and entire new fields of science. Nevertheless, we ignore all of that and continue to use physics and mathematical ideas from the late 1600s.
We could establish a sunset rule for all knowledge and once it got old enough we could be as dim as the Dims. But as a higher tax guy you probably are a Dim.
But as a higher tax guy you probably are a Dim. You presume that I am in favor of higher taxes, an assumption both incorrect and without basis.
A variety of revenue neutral measure could be implemented to correct the trade problem.
Would you like an end to the death tax? How about an end to all taxes on capital gains? And, as long as we're at it, perhaps we could end the double taxation of divideds. I'd like that too. A variety of taxes on certain specified trade activities might let us accomplish those ends.