The U.S. income tax system needs to be reformed because it is complicated, unfair, and not bringing in enough money. Raising tax rates won't fix these problems. One way to reform the tax system is to cut back on tax breaks that cost the government a lot of money. This could make the tax system simpler and fairer. However, people like these tax breaks, such as the mortgage interest deduction and health insurance tax break. So, getting rid of them might not be popular. The paper looks at different ways to reform the tax system, including cutting tax breaks and adding new taxes like a VAT or carbon tax. The goal is to find a way to make the tax system better and raise more money for the government.