Change the Corporate Tax Code to stimulate Job Creation

The corporate tax as it exists should be eliminated and replaced with a federal sales tax. Any entity selling any goods or services in the US would be subject to the tax. However, a tax credit can be taken equal to the federal income tax paid by the entities' employees on income up to $200k/year. This would quickly stimulate job creation and reward companies that employ US workers. The more middle class jobs a company maintains, the lower its taxes. The policy would eliminate tax loopholes. It would quickly reduce unemployment and broaden the tax base. The sales tax percentage can be setup to automatically adjust based on the level of unemployment. If the US is near full employment, the sales tax will be at its lowest.