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We'd just have to eliminate the unconstitutional parts like welfare, social security, medicare, federally funded education, business and farm subsidies, organizations like the FCC, FDA, FBI, CIA, BATF, IRS, Homeland Security, etc.
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Erm. I'm no fan of most of these institutions but er, wouldn't it be a little hard to govern in a state overun by crime, unsafe drugs, emission hell wacking all electronic equipment to shit (thus no mobile networks, stable radio stations etc) and well, someone needs to collect the tax you think is valid. I wonder how much that is. The defence budget is over 400B these days.
Of course many of these problems didn't exist when that document was written.