Tax reform on income, profits and making money.
1) Ditch the corporate sweetheart tax breaks. Also, no more corporate welfare. Especially for companies that pay their CEOs millions - you've hired the brains, why turn to the government for a hand out?
2) Have tiered income tax rates - I mean, this is just fucking ridiculous;
The lowest paying a higher tax rate?? Come on,..
3) Wipe out as many of these loop holes as possible. The bill would create a department, dedicated to finding where and how people (,... who are currently enjoying tax cuts to begin with,...) continue to dodge paying their fair share. Find the cracks and holes, plug them up.
4) Get rid of the 50% tax on gifted money, when it comes from an immediate relative (parents and siblings). Example, your parents give you a house and then you sell it, you then have to pay 50% on the sale of that home. That is utter crap. I would leave the 50% tax on gambling winnings as is though.