On the possibility of a no-return tax system.

The last few years have seen an outpouring of proposals for radical reform of the nation's tax system. These reforms have been motivated by a wide variety of goals--improved economic [...]
Recent events have stimulated interest in reducing or eliminating the annual filing requirement in the income tax. Thirty-six countries already allow 'no-return' systems for some of their taxpayers. Moving to a no-return system creates trade-offs in the structure of tax policy as well as the administration of the tax system. We estimate that roughly half of U.S. taxpayers could be placed on a no-return system with relatively minor changes in the structure of the income tax. The benefits and costs of a no-return system hinge on a number of issues that are currently unresolved.