Everything You Ever Wanted to Know about Border-Adjustable Taxation, but Were Afraid (or too Bored) to Ask

by Dan Mitchell | Feb 3, 2017 | Blogs, Taxation

House Republicans, as part of a generally laudable tax reform plan, want to replace the corporate income tax with a “destination-based cash-flow tax.” I’ve addressed that topic a couple of times. Left-leaning advocates like “destination-based” tax systems such as the...

Concerns about the “Border Adjustable” Tax Plan from the House GOP, Part III

by Dan Mitchell | Jan 18, 2017 | Blogs, Tax Competition, Taxation, VAT

In the world of tax policy, there’s an intense debate about the “border-adjustable” provision that is part of the tax plan put forth by House Republicans, which basically would tax imports and exempt revenues generated by exports. It’s a bit wonky, but the simplest...

Concerns about the”Border Adjustable” Tax Plan from the House GOP, Part II

by Dan Mitchell | Jan 4, 2017 | Blogs, Taxation, VAT

I wrote yesterday to praise the Better Way tax plan put forth by House Republicans, but I added a very important caveat: The “destination-based” nature of the revised corporate income tax could be a poison pill for reform. I listed five concerns about a so-called...

Concerns about the”Border Adjustable” Tax Plan from the House GOP, Part I

by Dan Mitchell | Jan 3, 2017 | Blogs, Taxation, VAT

The Republicans in the House of Representatives, led by Ways & Means Chairman Kevin Brady and Speaker Paul Ryan, have proposed a “Better Way” tax plan that has many very desirable features. Death tax repeal Depreciation replaced with expensing Corporate tax rate...

Political and Economic Risks of a Destination-Based Cash Flow Tax

by Brian Garst | Jan 2, 2017 | Publications, White Papers

Political and Economic Risks of a Destination-Based Cash Flow Tax [Download PDF] January 2017 By Brian Garst Economists widely agree that the corporate tax system in the United States is in need of significant reform. Corporations headquartered in America face the...