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BAT Signals from Asset Markets: Estimating the U.S. Dollar Response to a Destination-Based Cash-Flow Tax

Tessa Morrison and Robert Vigfusson

No 2018-10-23, IFDP Notes from Board of Governors of the Federal Reserve System (U.S.)

Abstract: In early 2017, there was substantial discussion about changing the U.S. corporate tax system to a destination-based cash-flow tax (DBCFT). The DBCFT proposal, also often referred to as a border-adjusted tax (BAT), would exclude exports from taxable revenues and exclude imports from allowable deductions.

Date: 2018-10-23
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgin:2018-10-23

DOI: 10.17016/2573-2129.47

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