The first pro-growth congressional Democratic tax plan in 50 years

Published July 13, 2015 2:33pm ET



For the first time in half a century, a Democratic member of Congress has released a tax reform plan that would grow the economy.

Sen. Ben Cardin, D-Md., has designed a tax reform plan that would reduce individual and corporate income taxes, but implement a value added tax similar to the kind used in 164 countries.

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