id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
ftr-404	Terry, Charles T.	Capital Equipment Expensing: Incremental Tax Reform for a Transition Realization-Based Income Tax	2022	44	.pdf	application/pdf	20279	886	51	My proposed solution is to carve out a business 222 Florida Tax Review [Vol.7:4 income sub-RBIT for equipment investment, and apply to it the complementary principles of: 1) tracking tax capital creation, and 2) both allowing and requiring tax capital, and only tax capital, to be recovered tax- free completely and immediately through CEE. Within the context of a RBIT base, economic capital can consist of pre-tax or untaxed dollars in whole or in part, while tax capital consists exclusively of after-tax dollars or “nascent after-tax dollars.”	cache/ftr-404.pdf	txt/ftr-404.txt