Bad ideas don't become good ideas just because one throws the words "market friendly" in front of them.

Tho I must say of your various ideas put forth, this one Is a good idea, at least in theory. Unfortunately, in practice, any new tax that reduces an existing tax does so only temporarily and turns into a de facto tax increase. That's not so much a problem with your idea, as a problem with the system you want to apply it to.

Unless we can manage to reduce spending first, true tax reform will probably only be accomplished by a revolution of some sort. To avoid social and/or economic upheaval, any Major changes would need to be phased in (or out), but with government control changing potentially every 2 years and corruption running rampant, such a phased approach would end up derailed. We many not need to outright overthrow (or, by some measures, reinstate) the government; we could get by with just a Lot of people to waking up from their apathy and look for real solutions rather than ear-candy. (Unfortunately?,) I don't see any of these happening any time soon.

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Today's forecast: Government corruption.

Tomorrow's forecast: 100% chance of more 'politics as usual'

Maybe it's finally time to vote Libertarian