How To Solve America's Tax Nightmare: CUT Tax Rates, Eliminate Tax Returns, Create VAT Tax

09/01/2010 10:37 am ET | Updated May 25, 2011
  • Keith Libbey and Evan ThomasAugust 26, 2010 Newsweek

How about this for a tax plan: cut most people's taxes by half, eliminate the need to file returns, and provide the Treasury with a better way to reduce the deficit. Sound impossible? It's not. Here's how to get it done.

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