Return the Fed to its proper role and all this becomes unnecessary.
L
Then each state could target the taxes in the way they each saw fit. New York and California could tax only investment bankers and CEO's, the rest of the nation would be free to be more reasonable. But the point is that the taxing power would be closer, so you could alter it if enough people disagreed. The famous 47% non-paying democrat voting block might even disappear.
You might have a hard time defining ‘proper’ these days.