pass the fairtax and repeal the 16th amendment to the Constitution. See fairtax.org for details.

Passing the fairtax and getting rid of the income tax would stimulate the economy by repatriating trillions of dollars currently overseas. This would also lower prices by getting rid of embedded taxes hidden in the price of every product. A survey of fortune 500 global manufacturing companies indicated that should this occur 85% of them would build their next plant in the US! You want jobs? There would be so many jobs salaries would rise due to simple supply and demand for labor. This would also eliminate the need for compliance with the tax code and make April 15th just another day. It would recoup a lot of money simply by having people pay taxes at the point of sale.