Since the economy is roaring along (as witnessed by the election results), it may be time to let the top income tax rate revert to Clinton era rates. At the same time, the FICA tax cut of a couple of years ago should die out and rates revert to provide some necessary income to the SS "Trust Fund." However, I would also tie the tax bill to spending cuts in a manner such as if true cuts are not made in a given period of time, all Bush era tax cuts end and revert to Clinton era rates (after all, the government needs the revenue and the economy in humming along at such a robust pace).