The tax code is like a house with fifty coats of paint. Can't define the edges, the windows won't open and the finish is lumpy due to crappy prep on the prior 48 coats. The time is here to strip it all off and start over.
I would prefer a flat tax with NO deductions and a redefinition of income. I would like to see a modest corporate tax rate based on gross receipts with no deductions. We could maybe have zero line for low income individuals.
Anything that simplifies the current tax structure is good by me but I want that house stripped, not just another coat of paint slathered on.
My only problem with a VAT is that low income people, those that need every dollar to survive are going to have their entire income affected whereas those that can save would have a bit more shelter for their income.
The KISS rule should definitely apply here as the very nature of simplicity would remove all the loopholes...
"An armed man is a citizen, an unarmed man is a subject"