I think if you did that you would get into much the same situation you see with the discussion over the tax/budget changes that are happening today. Its really easy to rally people _against_ something. Its a bit harder to get them to support it. I think you would find with a public veto that nothing substantial would pass through congress.
I disagree. The current tax debate is largely over whether or not to raise taxes on, at most, 2% of the population. That isn't remotely close to enough of the population to overturn anything under my proposal. If you set the percentage required high enough, only those laws that are truly objectionable would wind up in the trash bin.
but there are many more people opposed to it then just the 2%. Take for instance me. I am no where near close to that 2% in income, and unless you want to give them official representation in proportion to their tax burden then I claim what your doing is tyrannical. I bet I could convince enough people to a. Care and b. Vote about it that we could overturn it.