Nix the loopholes and do a flat tax. You know.. like Russia successfully did a while back (14% IIRC)
Funny thing about Russia.... The government still owns large shares of very profitable industries, such as their oil industry. They can get away with a flat tax rate, on par with the lowest marginal rates in the United States, because whenever one of these big industries makes a buck, so too does the government, before taxes ever enter the equation. Russia, in other words, doesn't achieve low taxes through conservatism; they achieve low taxes through their remaining vestiges of Socialism.
You, sir, deserve a slowclap for trotting out that example in defense of US neocons.
