America's tax code is THOUSANDS of pages long. It's too complex, too easy to exploit at the top and the loopholes created puts unnecessary burden on the working class. 

Under my presidency I will pressure the Congress to;

1. Replace the current tax system and create a five-bracket income tax structure

• 0% - Reserved for veterans, non-working retirees who's only source of income is SS, retirement, etc
• 10% - Lower income
• 20% - Middle class/working
• 30% - Upper middle income
• 45% - Highest earners/Corporations
• Simplify the categories of taxes (property tax, sales tax, state tax, excise tax, gift tax, import tax....the list goes on)
• Eliminate Social Security Wage cap on high earners
• Medicaid stays at 1.45% for all income earners with the 0.9% on wages above threshold
• A 5% flat federal tax applied to all churches/religious organizations 

Each bracket would apply progressively, meaning income is taxed in tiers, not all at one rate.

2. End hidden wealth and corporate loopholes

• Close offshore profit shifting loopholes
• Reclassify carried interest as ordinary income 
• Tax capital gains at the same rate as ordinary income
• Cap interest deductibility
• Slow depreciation schedules
• Limit deductibility of executive compensation

The loopholes created for high earners are not accidental, they are carved, negotiated, footnoted and quietly escorted into law after intense lobbying. No more special deals.