75 billion that Capgemini consultants estimate it willtake to convertalltheirregistersto be chip-and-PIN-compatible, thepotentialliabilitytheynowface is dramatically greater.
Clearly, a two-rate system of 10% and 25% would be a radical departure from the seven-tier system we find ourselves stuck in today, and a major step towards a system where every American can quickly estimate their federal tax liability.