Overhauling the Corporate Code: How a Destination-Based Cash Flow Tax Could Reshape the U.S. Economy

Executive Summary: The Dual Promise of Growth and Revenue In the ongoing debate over fiscal policy and structural reform, few proposals generate as much analytical intrigue—and political friction—as replacing the traditional corporate income tax with a Destination-Based Cash Flow Tax (DBCFT). According to recent economic modeling from the Tax Foundation, published in Options for Reforming…

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Reengineering the U.S. Tax Code: The Economic Promise and Complex Realities of a Destination-Based Cash Flow Tax

As policymakers continually search for structural solutions to tame the national deficit while simultaneously stimulating economic vitality, tax economists have increasingly directed their attention toward sweeping foundational overhauls. Among the most ambitious proposals featured in the latest edition of the Tax Foundation’s Options for Reforming America’s Tax Code 3.0: A Policymaker’s Guide to Tax Reform…

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