Small businesses are going out of business and corporations are going overseas because Washington is taxing their profits. Better NEVER tax a profitable company. Tax the income of those employed by the business or company. It is only logical. Note my opinion way back.
Jimmy Carter I I again suggest you replace your advisors. Your televised speech (4-5-79) confirmed it. Your request for all citizens to contact their congressmen to give you authority to tax oil company "windfall profits" is analogous to the late Iranian elections where the "people" voted for an Islamic government. Do we still have a choice? If so, May I suggest
1, Remove all taxes on businesses - tax incomes!
2, Require all oil companies to keep their profits in energy field investments.

So the people with the high incomes will move instead of the company. Great plan.

Or we could just implement the Fair Tax and get rid of all the complex tax tables and punitive taxes.

Would there be enough taxes collected if there were only taxes charged at point of sale, with basic necessities like groceries, housing (except second homes) and utilities tax-free?

People who pay withholding taxes can not avoid being taxed.
That is the realm of the wealthy, who take advantage of all of the available deductions and exemptions,those who have tax attorneys on retainer. The working class has always paid at a higher rate than people using the loopholes supplied by their cronies in congress!
Tax the wealthy,the corporations and the churches including televangelists!