Sales Factor Apportionment: Blog

So the GOP has landed itself in a pickle and not the good kind of pickle.  After the, much promised and nothing delivered, Health Care debacle, the GOP leadership knows it has to make good on some sort of…

#DBCFT is a tax plan on a cliff

The Republican Tax reform plan is being negotiated over again. After months of criticism, Rep. Brady gave an inch, but only an inch. The House GOP leadership wants the Border Adjusted Tax too much to give it up. Even…

Zucman advocates for Sales Factor

Zucman advises adoption of Sales Factor Apportionment. Gabriel Zucman, the world-renowned French economist, publicly advised his homeland on how to handle the U.S. tax reform moves. In the major paper, Le Monde, Zucman proposed France beat the U.S. by…

Border Adjusted Tax Reform issues

Border Adjustment Tax? The world of American tax policy is confused.  The tax gurus responsible for the Border Adjusted Tax, Alan Auerbach and Michael Devereaux, recently came to the defense of their proposed “Destination-Based Cash Flow Tax.” Many domestic businesses…

Sales Factor is superior

Wall to Mexico is not worth the Border Adjustment Tax On January 26, President Trump hinted at a deal with Congressional Republicans for the wall. He almost endorsed the GOP House Border Adjustments Tax (BAT) with a condition attached.…

Simple corporate tax reform is not about the legislation. When passing law, simple is the gold standard. But simple doesn’t mean easily crafted legislation. Good lawmakers strive for simple and effective implementation. Basically, a law should be easy to…

GOP should consider the alternative

GOP wants a working Territorial Tax Last June, the GOP released a little noticed policy paper called the A Better way: Built for Growth. This Blueprint was dedicated towards tax reform. GOP leadership did not expect the election results…

Small Business Surprise

A tax holiday sounds very cheery. For many, a holiday brings images of fun and good times. But a holiday can also have a downside. For some, a holiday is excruciating. Think of it in terms of a bad…

Benjamin Franklin once wrote a letter about his childhood dream of owning a whistle. He warned of the dangers of wanting something too badly. To paraphrase Mr. Franklin, “When are you paying too much for an obsession?” In his…