alphatrigger saidTerm limits for all politicians.
A 10% flat income and short term capital gains tax for all making over $100K USD/year. (the income baseline adjusting with real inflation annually after it is enacted).
NO DEDUCTIONS for any reason, including spouse and kids.
And if the government runs a deficit, the POTUS, the VP and all congressmen/senators receive half their salary. If there is a federal shutdown, they work without pay until the government is funded again.
Seems like your proposal gives a lot of benefit to the wealthy, and really hits the poorest very hard.
The poor get hit with a tax hike and will lose out on precious deductions that often are used to pay for expenses they cannot reconcile during the rest of the year (like dental expenses for their kids, etc...)...while the rich get a tax cut, and the "short term capital gains tax" hike would almost certainly not make up the loss of revenue to the government.
Likely meaning that government programs, which the poorest are typically reliant on, would be gutted...resulting in more pain on the most vulnerable.
I think the requirements on the government are interesting...but if there is a federal shutdown, what's to stop the President/VP/Congress from bolting? Will they be forced at gun point to work???
How about getting rid of all of the scumbags that bribe the politicians??? That seems like it would be a good start!