I'll echo a bit:
"The Congress could easily lower taxes and eliminate the incentive to off-shore jobs by substituting a 5% VAT for the corporate income tax. The corporate income tax burden averages 27% on the cost of production, which is immediately lowered to 5%, and since the VAT is rebated on exports, gives President Obama's export initiative a real boost."
I agree, too, the US ought to enforce trade laws. And cancel our existing free trade treaties / shenanigans. Enough Economists have obtained their PhD's reinforcing the free trade delusion. It's time economics PhD candidates found a new, less destructive mule to flog.
Read the Article at HuffingtonPost