KISS the Tax Blueprint Goodbye: Meet the 25-25-25 Plan(2017)
Seeking definitive legislative success after the stall-out on healthcare, Congressional Republicans may want to keep it simple on tax reform. This paper examines the merits and demerits of a particular minimalist tax plan: lower the corporate tax rate to 25%; tax legacy foreign earnings at 25%; move to a “territorial” tax system for foreign earnings with a minimum tax patch at 25%. The paper uses analysis of this specific plan as a vehicle for clarifying some general considerations surrounding business tax reform.
- Tax Reform,
- Corporate Tax,
Publication DateSummer August 15, 2017
Citation InformationChris William Sanchirico. "KISS the Tax Blueprint Goodbye: Meet the 25-25-25 Plan" (2017)
Available at: http://works.bepress.com/chris_sanchirico/36/