This won't work either.
Try something effective, something American, as opposed to more socialism to ruin the currency of the US. Try cutting the tax on American business: to Zero% for one year; then 15% guaranteed after that. Watch unemplyment go away. Watch the overseas money return to the US.
You may be able to hold your head high again because America IS exceptional.
Other nations have done it under other names and Obama wanted to try it too. The only problem is that we are the reserve currency and now the rest of the world wants off us because of Quantitative Easing.
What is coming is severe inflation without salaries going up. Foreign goods are going to skyrocket. So all rubber products, Chromium from Africa and all other things we don't have from other nations will skyrocket in price.
This for two reasons, 1) We are going to have to pay for currency conversions where right now we don't. 2) The dollar is worth far less because of flooding it on the market.
What Obama really wants is Socialism and he is putting us into troubles in order to make it happen. Remember the phrase "Never let a good crisis go to waste". The Crisis is being created, to which Socialism is the answer the Progressives will insist.
There is/are no tax(es) on American business. Those things called "business taxes" are just ways to use business to collect more tax revenue from individuals (in the case of businesses, their customers).