Graduation Year
Fall 2013
Document Type
Campus Only Senior Thesis
Degree Name
Bachelor of Arts
Department
Economics-Accounting
Reader 1
James D. Taylor
Terms of Use & License Information
Rights Information
© 2013 Brian Downs
Abstract
The purpose of this paper is to propose an alternative to the current U.S. corporate tax system. This paper analyzes the qualities of a “good” tax, theories of international neutrality, the two major international tax systems, and how the U.S. hybrid system falls short of these criteria. The current U.S. tax system is inefficient and overly complex. This paper will show that the U.S. tax system has major shortcomings, and will explore the popular proposals for reform. After demonstrating the strengths and weaknesses of the proposals, this paper concludes that a territorial income tax system with certain protections for income shifting is ideal for U.S. corporations.
Recommended Citation
Downs, Brian, "The U.S. Corporate Tax System: Shortcomings and Alternatives" (2013). CMC Senior Theses. 788.
https://scholarship.claremont.edu/cmc_theses/788
This thesis is restricted to the Claremont Colleges current faculty, students, and staff.
