Encourage business to expand locally rather than abroad.

Enhance the US business tax incentives to encourage expansion locally. Create a tax structure to compete with foreign nations who aggressively lure businesses with incentive packages, years of tax holiday and low long term tax rates. We request maximum business tax rates of 5% for all profits made from value added exports and 25% for local profits. Increase the maximum personal income tax rate from 35% to 50% for those earning $2.5 million dollars per year. Permanently eliminate tax on funds repatriated by corporations when used for expansion. Create a program to encourage utilizing U.S. colleges and universities for research and development. Reward corporations who expand in the U.S.A. with tax holidays and provide assistance with utility infrastructure.