I want a flat tax in this country. I want a fixed percentage of wealth to be the basis for federal taxes. Right now, the top 10% of the wealthy pay almost half of the federal taxes. The catch is that they control 75% of the money, so why do they pay less than half of the tax? Flatten it out. Make someone who controls 1/2% of the wealth pay 1/2% of the tax revenues of the country.
The total wealth in the US as of 2007 was $54.2 trillion. The top 1% owned almost 35% of that. The next 19% owned just over half. The next 40% owned only less than 15%. The bottom 40% of wealthy in the US owned 0.2% of the nations wealth. Note that the recession has skewed these numbers higher.
In 2011, the government raised $5.1 in total taxes (income, business, fees, etc.). Get rid of them all and have a flat tax. The top 1% can pay $1.79 Tn. That is an average of $1.57 million per rich household. The bottom 40% will pay $10.2 Bn, for an average of $2200 each of each of the 4.5 million households in that category.