For this thread, I'm going to touch on the subject of the corporate tax rate and its relationship to corporations deserting a nation to settle in another country to pay less in taxes. Some politicians and panelists claim that by lowering the corporate tax rate, it'll make the nation more attractive to foreign businesses and will encourage competition. There are a few issues with this however, if a nation were to lower its corporate tax rate to match other nations, there would simply be no end to it, and ignores the key incentives that encourage this kind of desertion. Instead, what a president and treasury should do is use their executive powers to eliminate these incentives. Additionally, they should no longer be entitled to received the benefits of being from the country of origin: [b]-Prohibit Political Involvement -[/b] Deter them from contributing to the original nations political campaigns, lobbying congress/parliament and participate in government agency rule making proceedings, and from sueing foreign companies in courts for acts committed outside of the original nation. [b]Deny Government Contracts -[/b] Corporations shouldn't be entitled to generous government contracts. ‘Buy American’, 'Made In Australia' etc. provisions in law should be applied to them. [b]End Protection of Foreign Assets -[/b] Assets around the world should no longer be protected by the country of origins government. If their factories and equipment are expropriated somewhere around the world, they shouldn't expect the government to negotiate or threaten sanctions, and if their intellectual property, patents, trademarks, and copyrights are disregarded, then that should be their problem too. Corporations if they desert the nation would no longer be entitled to be represented by the country of origins government [i]because they are no longer American, Australian, British etc.[/i] If corporations want to leave a nation to pay less in taxes, then that's their business, but they should no longer be entitled to receive the benefits of being from the country of origin. So what does everyone else think? Any other ideas to approach this issue? All are welcome.