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Monday, March 30, 2015

Tax What You Don't Want, not What You do:

U.S. lawmakers on both sides of the aisle increasingly are finding appeal in an ambitious concept for overhauling the nation's income-tax system: a tax based on consumption, a tool long used around the world. The tax-writing Senate Finance Committee is giving new consideration to the consumption-tax idea with the hope that its promised boost to economic growth would ease the way to a revamp.

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