That’s why the fair tax is the only way to go. A consumption tax hits all alike - both rich and poor buy things. The tax is only on new things, so if one buys used, there is no tax. There is no penalty for saving, or for hiring new workers. And to make Obama happy, Warren Buffet pays the exact same tax as his secretary.
I don't see the hyper-rich in Sears buying clothes, in Home Depot buying carpet, in Publix buying groceries.
So any tax that uses existing tax structures needs to be scrapped and started from scratch.
Perhaps eliminating trust funds (which exist to protect wealth form taxes) would be a start.
Better yet (or BEST), have the government stop spending so damn much so we don't need to tax so damn much in the first place. Don't get me started! This overspending is--and we all REALY know this, dems and Pubbies alike--the root of the problem. They sell their votes, which burns through OUR collective cash. They NEVER stop spending, but keep coming to us with their hands held out for more, with the power of the state as a jack booted thug backing them up.