Eliminate income taxes on domestic corporate profits and increase income taxes on foreigh corporate profits (made by U.S. based corporations).
Extend this new tax rate structure to foreign corporations wanting to do business in the US.
This will make the US the cheapest, most stable country, with the most advanced infrastructure in the world for producing goods and services. It will create a full employment economy for the most highly trained population in fhe world, the US workforce. Thousands of corporations will flock to the US bringing millions of jobs.
Allow US corporations to move foreign earned retained profits back to the US tax free, generating billions of capital dollars for investments immediately.
No more trade deficit and no more budget deficit.