The Moment of Truth: Report of the National Commission on Fiscal Responsibility and Reform, December 2010 Q.The Moment of Truth: Report of the National Commission on Fiscal Responsibility and Reform, December 2010 A.The 2010 report of the National Commission on Fiscal Responsibility and Reform recommends policy reforms, collectively known as the Bowles-Simpson plan, intended to stabilize America’s fiscal path. Read more about The Moment of Truth: Report of the National Commission on Fiscal Responsibility and Reform, December 2010
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?
What other countries use return-free filing? Q.What other countries use return-free filing? A.At last count, 36 countries, including Germany, Japan, and the United Kingdom, permit return-free filing for some taxpayers. Read more about What other countries use return-free filing?
