That is what Cruz’s 16% flat tax on business would do. It replaces corporate and payroll taxes. He also has a plan to cut regulations and give incentives for companies to return and the trillions in investment cash that has been off shore to come back to the U.S. Forbes and several other evaluators have scored his plans as the best of any candidate.
Better, but I like a non-food/non-med retail-only flat tax - Get rid of all taxing of income, and tax spending instead. Then prosperity becomes important to government.