The bottom 70% of the country need more money, to grow the economy, hence lower the deficit. If I was in power I would do the following:
1) Capitals gain tax rate of 75% on 500m+ invested, and -2% rate on any cash in their banks.
2) Under 250k/Year - 7% Tax Rate, 250k - 300k/year - 12%, 300k - 500k 17%, 500k+ 33%+
3) 0% Student Loan Rates, with 40 year repayment plans.
4) 40 Year Mortgages, with 2.5% or less rate.
5) Internet Purchase Tax of .5% of all purchases
6) $500 Universal Basic Income for all Americans who have lived in the country for 5+ years, are 18 years old, and are not collecting retirement benefits / unemployment.
7) $20 Minimal Wage - If in a trade school, college, or adult education of some sort.
8 Max 2% Property Tax rate on homes that are less than 800k.