Revolutionary Tax Reform Proposals to Boost Economic Growth Unveiled
The article discusses the urgent need for tax reform in the United States to boost economic growth. Different tax reform options are compared, such as a flat tax, value-added tax, national retail sales tax, the Nunn-Domenici USA Tax, or a hybrid progressive consumption tax. The current tax system is believed to hinder incentives to work, save, invest, and innovate. Experts suggest that changing the tax code could improve the country's economic performance.