Ed Kleinbard’s Business Enterprise Income Tax: How Well Does It Solve the Problem of How to Tax Capital Income?

IF 1.8 3区经济学 Q2 BUSINESS, FINANCE National Tax Journal Pub Date : 2022-04-13 DOI:10.1086/719373

E. Toder

引用次数: 0

Abstract

Ed Kleinbard’s Business Enterprise Income Tax (BEIT) would eliminate many of the distortions in current US taxation of investment income, including choices between debt and equity finance and among dividends, stock buybacks, and retained earnings; business choices among alternative assets and between investing in the United States and overseas; decisions on exchanging asset ownership; and choices among how firms are organized. But, similar with other proposed reforms, BEIT is less effective in taxing economic rents earned by the wealthiest individuals. BEIT fits with Kleinbard’s overall view that average citizens would benefit from a larger government funded by moderately progressive taxes.

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爱德·克莱因巴德的《企业所得税:如何解决资本所得征税问题?》

Ed Kleinbard的企业所得税（BEIT）将消除目前美国对投资收入征税的许多扭曲，包括在债务和股权融资之间以及在股息、股票回购和留存收益之间的选择；在另类资产之间以及在美国和海外投资之间的商业选择；关于交换资产所有权的决定；以及公司组织方式的选择。但是，与其他拟议的改革类似，BEIT在对最富有的个人赚取的经济租金征税方面效果较差。BEIT符合Kleinbard的总体观点，即普通公民将从由适度累进税资助的更大政府中受益。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

National Tax Journal Multiple-

CiteScore

3.40

自引率

11.80%

发文量

期刊介绍： The goal of the National Tax Journal (NTJ) is to encourage and disseminate high quality original research on governmental tax and expenditure policies. Articles published in the regular March, June and September issues of the journal, as well as articles accepted for publication in special issues of the journal, are subject to professional peer review and include economic, theoretical, and empirical analyses of tax and expenditure issues with an emphasis on policy implications. The NTJ has been published quarterly since 1948 under the auspices of the National Tax Association (NTA). Most issues include an NTJ Forum, which consists of invited papers by leading scholars that examine in depth a single current tax or expenditure policy issue. The December issue is devoted to publishing papers presented at the NTA’s annual Spring Symposium; the articles in the December issue generally are not subject to peer review.