> I don't think that is possible without creating new loopholes elsewhere. It's totally possible, especially if the tax code is simplified and different mechan

> I don't think that is possible without creating new loopholes elsewhere. It's totally possible, especially if the tax code is simplified and different mechanisms are used to incentivize behavior. Many loopholes are side-effect of complexity, and many of the others were deliberately created to benefit some group or other. Both of those are solvable without creating more loopholes.