My solution: (yeah, I know these don't have a prayer...)
1. Throw the entire tax code out the window and replace it with a flat tax. (The Fair Tax has a few flaws.) Set the rate at 17% (a la Friedman) for individuals and 15% for corporations. Now everyone has something in the game.
2. A current events test and income tax payment to vote. If you don't pay any taxes, you don't vote. And if you're not smart enough to discuss issues, you shouldn't vote.
3. Recognize that the purpose of the Federal gov't is the policing of property rights and provide social overhead capital. (Charles Beard's An Economic Interpretation of the Constitution). Everything else (EPA, SBA, FEMA, Freddie and Fannie, etc.) is history. The gov't should NEVER compete with private industry.
This would be a start. Me? I'd make a horrible President, but I'd be a pretty damn good dictator...
Wouldn't that declaration have scored a lot of points in Debates and on the Campaign Trail if people had used it?