The really low hanging fruit, IMO, to raise tax revenue without "raising taxes" (in the sense of raising tax rates) is to reclassify carried interest as ordinary income.
That, combined with a few other similar changes (mortgage interest deduction, maybe funding ssi and medicaid separately from old age and medicare) and huge cuts in defense (due to ending 1-4 of the wars), seems like it would be fairly effective.
What I'd like to see is a flat income tax for ordinary and dividend/capital gains at 25-35% for all income, huge cuts in spending, combined with a single refundable tax credit set at ~subsistence income, universally applied. However, that's a much bigger change and pretty unlikely to happen.
That, combined with a few other similar changes (mortgage interest deduction, maybe funding ssi and medicaid separately from old age and medicare) and huge cuts in defense (due to ending 1-4 of the wars), seems like it would be fairly effective.
What I'd like to see is a flat income tax for ordinary and dividend/capital gains at 25-35% for all income, huge cuts in spending, combined with a single refundable tax credit set at ~subsistence income, universally applied. However, that's a much bigger change and pretty unlikely to happen.