This is why I am a huge proponent of abolishing the U.S. Tax Code and the IRS in exchange for a flat tax.
In 2015, a flat tax rate of 17% on all income would have been required to produce the same amount of revenue as the current income tax. A 17 % tax on all of my income would be more than a 40% tax increase for me. My actual tax rate was about 12.4% this past year. This is in addition to the 7.65% tax I pay and my employer pays (matches) on my wages. Thus a persons wages (or at least my wages) would be taxed at over 36%. That doesn't include the FUTA and SUTA tax paid by employers on wages paid.
For lower income people, it could be even more because 46% of Americans pay ZERO income tax. ZERO. Whatever flat tax rate you impose will be greater that ZERO.
You can be damn sure that 17% would be significantly lower than what million dollar earners are paying now.
Sorry, I'm not in favor of you raising my taxes by over 40%. (Did you, by chance, go to business school with AOC?)