I want to tax income above 100x the federal minimum wage (per hour minimum wage * 2000 or about $3M at $15 an hour) at 90%.
I also want an absolute end to all tax credits and deductions besides the standard deduction. Say no to charitable deductions. No to first time home buyer credit. No to everything. Cut it all out. Yes, no credit or deductions for saving money toward your child's college or toward your retirement. Get rid of it all. That is my platform.
Edit: I think it is incredibly Lazy to try to effect change in public behavior through taxes.
“I couldn’t afford not to!”
States will adjust their income tax brackets if we make taxes at the federal level reasonable. Perhaps, reasonable people will prevail and it well end state and local income taxes (and increase property taxes to a reasonable level instead).
What we really need are land taxes and progressive consumption taxes.
As for taxing wealth, I think the best bet is a Paris Hilton tax of 90% for inheritance exceeding a certain value (I propose 100x yearly minimum wage or $3M at $15/hour). So if you inherit more than $3M over your life time, all additional inheritance will be subject to 90% inheritance tax.
These are not "income taxes".