My 10/10/10 plan would fix the revenue side of things.

First $10,000 of income is untaxed.
All income (corporate and individual) of all kinds after the above 10k is taxed at 10%.
10% sales tax.
No exceptions, no deductions, no special cases, NONE AT ALL, it's 10%.

I ran the numbers a while back and it worked out quite well. Everyone would hate this plan, though.