Ask Altucher! EP03: Altucher's Hybrid Tax Plan for All Americans

On today's 'Ask Altucher', which continues the chain of thought from our previous episode, James details his innovative economic and taxation plan to help all Americans. Proposing a flat 10% federal income tax while instituting a 10% national sales tax (with rebates for the first $20k of purchases annually), his hybrid solution provides an innovative and effective economic plan that increases tax revenue, capitalizes on foreign national tourist spending, and offers progressive tax relief for low-income families.