Originally Posted by kane

They could also just lower the corporate tax rate to around 12% making it one of the lowest in the world and draw all the companies that have left the US for other countries back here as well as many other companies from other countries looking for a good place to do business with a lower tax rate.

60 minutes had a great piece of this. The CEO of Cisco said that all of the new stuff they are building is outside the US because of the corporate tax rate and that if they lowered it to be comparable to what the rest of the world has he would bring all that business back to the US and about 40 billion in taxable revenue with it.