What are the major options for comprehensive tax reform? Q.What are the major options for comprehensive tax reform? A.In a nutshell, broaden the income base while lowering tax rates, tax consumption instead of income, or do a bit of both. Read more about What are the major options for comprehensive tax reform?
What is return-free filing and how would it work? Q.What is return-free filing and how would it work? A.If an income tax system were simple enough, the government could withhold taxes owed and do its own accounting at the end of the year without much help from taxpayers. Read more about What is return-free filing and how would it work?
What is the X-tax? Q.What is the X-tax? A.The X-tax is a variant of the flat tax developed by economist David Bradford. It is mechanically identical to the flat tax, except that it incorporates graduated tax rates on household wage income to improve progressivity. Read more about What is the X-tax?