You could start with a really high gasoline tax with incentives to electric cars! You could link mortgages to people. You could remove the tax subsidy on mortgage interest. You could tax billionaires. You could have a tax on leveraged borrowing that bites.
http://www.csmonitor.com/USA/Politics/2011/0822/US-should-raise-taxes-to-help-fix-deficits-say-business-economists?cmpid=ema:nws:Politics%20(082611)&cmpid=ema:nws:NzQ4MDU4NDEwMgS2
Twitter: @wuhlax