Now that it appears that the Democrats and Republicans agree on how to increase our US deficit by $500B-$1T, it is time to talk about throwing out the old tax code. With the passing of the unemployment extension, the Bush tax cuts and other deficit growing measures, we have succeeded in making our tax code even more unwieldy and unfair.
Eliminate the loopholes and eliminate the tiered system. Make it fair and make it easy. Here is a great video explaining one way that this might be possible.