No matter what the method, a certain sum of taxes must be extracted from the people. I'd rather we avoid regressive taxation, primarily the sales tax. It burdens the poor & middle-class and discourages consumption. I'd rather we have NO sales tax, NO property tax, and ONLY an income tax.
Do away with deductions, which will allow us to abolish most of the IRS. Everyone pays a percentage, with the top ten percent of earners paying the highest rate and the bottom ten percent paying the lowest rate. Everything in between divided among a set of rates for each 1 tenth percent level.
Also, base the corporate tax upon the percentage of wealth each said corporation produces domestically, thus discouraging outsourcing and foreign production.