Campus Only Senior Thesis
Bachelor of Arts
James D. Taylor
© 2013 Brian Downs
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.
Downs, Brian, "The U.S. Corporate Tax System: Shortcomings and Alternatives" (2013). CMC Senior Theses. 788.
This thesis is restricted to the Claremont Colleges current faculty, students, and staff.