Most tax utopians rally around LVT. Transfer and transaction taxes are regressive. Reducing the federal budget greatly would cause a great economic contraction likely resulting in social and political chaos.
I totally get the philosophical attraction but I just do not see how you pull trillions of dollars out of that without some crazy outcomes. Land with a financial skyscraper handling the GDP of a small nation could have a lower 'unimproved' value than an acre with really nice soil, for example.
More affluent people spend more, so they will go beyond the minimum.