Step One

Suspend all federal tax collections. No income tax, no business tax, no social security/medicare tax.

For one year.

At the end of the year, the Federal Government assesses each state the following:

$1.74 per acre
+ .35 per acre for debt reduction (not interest, principle)
-----
$2.09 per acre

Credit to be given for all federally owned lands in each state.

No new taxes, no new income rates. $2.09 per acre. That's all.