William Barker (Penn State) presents A Common Sense Corporate Tax:
The Case for a Destination-Based, Cash Flow Tax on Corporations, 61 Cath. L. Rev. 1 (2012), at Loyola-L.A. today as part of its Tax Policy Colloquium Series:

The U.S. corporate income tax is flawed both domestically and
internationally. This paper outlines a radical paradigm shift from
corporate income tax to a destination-based cash flow tax on
corporations. This tax adopts a more economically coherent and
justifiable tax base for corporations which overcomes the principle
theoretical and practical defects of the income tax by eliminating all
differences in characterization of income and expense in the tax base,
eliminating completely the foreign tax credit or deductions for foreign
taxes and substantially reducing the incentives for transfer pricing
abuses. The destination cash flow tax accomplishes these goals in a way
that reverses the bias in the present income tax system in favor of
foreign production and supports domestic business activity by both
foreign and domestic corporations by promoting the U.S. production of
goods and services and research and development, and the U.S. location
of headquarters and administration.

Eric Zolt (UCLA) is the commenter.