Tax competition is with us to stay, and the drive toward territorial taxation of multinationals will continue. Ultimately, it makes sense to tax corporations on a source basis because corporate residence is not very meaningful. But if the correct reforms to CFC rules are undertaken together with...

Ed Kleinbard’s new book, We Are Better Than This (OUP, 2014), is a well-balanced and important contribution to the tax literature. Kleinbard convincingly sets out the case for addressing inequality not through taxation but rather through spending. While the emphasis on treating both sides of...

This Book Review is divided into three Parts. Part I summarizes the main findings of Does Atlas Shrug?, emphasizing their contribution to the debate on taxing the rich. In general, those finding are inconclusive in regard to whether taxing the rich exacts an unacceptable economic price. Parts II...