http://www.economist.com/news/leade...d-no-substitute-corporate-tax-reform-how-stop
Home, sweeter home
The real solution is to lower the corporate rate, eliminate tax breaks and move America from a worldwide system to a territorial one. Barack Obama has proposed a reform that cuts the rate to 28% but keeps the worldwide reach. Dave Camp, a Republican congressman, has plumped for 25%, the OECD average, and a shift to a territorial system, instead.
It should be possible to bridge the differences. But both sides have tied the subject to other issues. Mr Obama insists that corporate-tax reform must also raise more money to spend on things like public infrastructure, which the Republicans oppose; they, in turn, want to package it with cuts in personal tax rates, which Mr Obama is loth to accept. Thus, nothing happens.
The two sides should drop their conditions and hammer out a stand-alone corporate-tax reform that reduces the rate and broadens the base. Until then, expect the line-up of corporate migrants to grow.
As I have stated.................I agree with Corporate tax changes to give incentives not to leave......................
Secondly, even with that they will probably still leave.........so I'd make it more expensive getting back in....................It is killing our jobs as they go.............If you don't like that they get hit on the way back in so be it.....................
You will push for Free Trade until we don't have jack left.