FWIW, this is almost exactly what the 1040EZ looks like. Except they save you the percentage math and give you a lookup table instead.
When you take a 1099 job, you include in your rate the extra money that you'll need to do the extra paperwork.
Similarly, I never consider the money that I need to pay for taxes "mine". This is why I am not bitter about taxes. When I ask for salary, I decide how much money I want (or can get), calculate how much of that the government is going to take, and ask for the amount of "real pay" that ends up being the amount of take-home pay I want. That way, income tax is my employer's problem, not mine.
It would be a very different story if the form suggested above was _the_ form, with zero loopholes available to people with expensive tax attorneys.