The next Republican president (regardless of what Erick Erricson says, the next president will be a Republican, not Obama re-elected), needs to sequester a dream team of economists to come up with a plan for fundamental restructuring of our tax code (lock em in a room till they come up with something that is either revenue neutral or raises revenue while still stimulating economic growth). Say put Art Laffre, Dr Walter E Williams, Steve Forbes, fmr congressman Bill Archer, Cain (if he’s not POTUS by then), Patrick Buchanan, and a few others in there, find a way to get the rates at the optimum amount to stimulate economic growth and job creation while also generating the maximum possible revenue to fund our obligations and pay down the debt.
I would agree with that and have it in place so that it can be implemented within 2 years, to give the IRS enough time to understand the changes.