Ready for My Close-UP, Mr. DeMille: Formulary Apportionment's Ticket Out of Palookaville

Key Points

• Formulary apportionment enhances efficiency in taxation and revenue distribution, reducing discrepancies.
• Estimates suggest a 10-15% improvement in revenue fairness through this method over traditional systems.
• Analysis of economic models highlights flaws in current regulatory frameworks and proposes a more equitable alternative.
• Implications of this approach may enable better revenue allocation, supporting equitable economic growth across regions.