VAT artificially inflate prices and is often a hard hit to the economy because of reduced demand. Also the cost is generally transferred to the end user, which

VAT artificially inflate prices and is often a hard hit to the economy because of reduced demand. Also the cost is generally transferred to the end user, which screws up the lower and middle class. I believe profit tax is the best model, the riches are paying more out of their profits while still not hurting operations.