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Restructure the corporate tax code to make it more favorable for businesses to stay in the United States.

Created by R.B. on February 14, 2013

Restructure corporate income tax in the following ways:

1. Cap the total amount spent in corporate subsidies to equal to the amount spent on public assistance.

2. Tax all stock exchange transactions at 1%.

3. Make all tax breaks received from foreign governments taxable.

4. Eliminate the tax credit for taxes paid to foreign governments.

5. Allow only 50% of foreign expenses to be deducted for businesses with a value of more than $10million.

6. Create a 2% tax on all natural resources harvested from any US soil.

Budget & Taxes
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