This book by Alan Viard and Robert Carroll proposes to completely replace the income tax system with a progressive consumption tax.

At this event, Alan Viard will present the X tax proposal while James Mackie of the U.S. Department of the Treasury and Chris Edwards of the Cato Institute will offer commentary.

Alan D. Viard, a resident scholar at AEI, reviews the budget outlook, the need for tax reform and the benefits of moving to a progressive consumption tax. He also discusses his forthcoming book, Progressive Consumption Taxation: The X Tax Revisited, which he coauthored with Robert Carroll of Ernst & Young. The book will be published by AEI Press in the Spring.

Today, American Enterprise Institute (AEI) economist and tax expert Alex Brill released a pro-growth, progressive, and practical tax reform proposal. Brill explains that six simple changes to the tax code can create an economic environment that improves our global competitiveness.

This Outlook outlines six simple—and bipartisan—changes to the tax code that can help the country move toward a tax code aimed towards economic growth and away from complex regulations and political favoritism.

There is a tax plan that offers the best of both worlds: growth and progressivity. It's called the Bradford X tax.

America's version of capitalism has been much more dynamic than Europe's. Why don't Obama and Romney debate that?

The existing regulatory process for medical products frustrates many; a nuanced solution--offering progressive rather than absolute approvals--represents a potentially attractive solution that might also stimulate innovation.