This short overview and accompanying term sheet summarize the key features of a proposed comprehensive business tax environment termed the Dual Business Enterprise Income Tax (the Dual BEIT). The term sheet format is a useful mode of presentation for capturing in one accessible document the major policy recommendations of the Dual BEIT (or any other comprehensive tax reform proposal).
This paper makes the case that the Dual BEIT satisfies the objectives of policymakers from both parties for comprehensive business tax reform that can serve as the platform for economic growth while collecting appropriate levels of tax revenue. The arguments are developed further in two more detailed papers: Capital Taxation in an Age of Inequality, 90 So. Cal. L. Rev. 593 (2017), and The Right Tax at the Right Time, Fla. Tax Rev. (forthcoming) (working paper at http://tinyurl.com/y8ybsqwl).
Law | Law and Economics | Taxation-Federal | Tax Law
Date of this Version
Edward D. Kleinbard, "Business Taxes Reinvented: The Dual Business Enterprise Income Tax" (June 2017). University of Southern California Legal Studies Working Paper Series. Working Paper 248.