by Deepak Gupta

Consumer credit agreements, tax forms, regulations: They're all crammed with gobbledygook, says Alan Siegel, and incomprehensibly long. He calls for a simple, sensible redesign -- and plain English -- to make legal paperwork intelligible to the rest of us. Siegel says the Consumer Financial Protection Bureau should "make clarity, transparency and simplicity a national priority."

Among other things, he's designed a model one-page credit card agreement and simplified letters for the IRS.