We should move to a national flat sales tax model and Abolish the IRS. Study after study has shown this is the most effective way to collect taxes with the least amount of operational cost.
They would also incentivize special interest groups for picking winners and losers over what they buy.
This would also eliminate all of their federal excise taxes on gas, cigarettes, and all other items.
The government could increase the flat tax on cigarettes to 15% and keep gas flat tax at 5%. The food tax could be held at one percent.
The nice thing about this model is that everything that is purchased would be taxed therefore, all black market activity would be taxed.
The registration of vehicles from overseas, including yachts held overseas, would also face the same tax. Loopholes for the Rich would have to be minimized.
Keep the capital gains tax and increase the corporate sales tax from 15% to 20%. Keep a lower percentage for manufacturing in America as Trump has previously suggested.
Tax all remittance sent outside the country at a 15% flat tax.