Kasz216 on 21 January 2011
The BEST answer though would be to replace the Coporate tax with a 5% Coporate VAT.
Instead of being taxed 23% for having your buisness here, you are taxed 5% of everything you sell here.
Buisnesses here and in China would then have to pay the same tax rate.... plus if your in China presumibly you have to pay China SOMETHING.
Not only would American companies be paying 18% less taxes we'd actually bring in 66% more revenue as 3% is actually all we need to make up the difference.
Or you could just use an outright Flat tax for all taxes, but I'm not as big a fan of that.
