To shift capital investment flow from seeking offshore opportunities back to pursuing domestic opportunities, I would shift tax policy by reducing the corporate income tax, offsetting revenues to be collected by a relatively low, flat-rate revenue tariff to be levied on all imported goods. Tort reform and relaxation of obstructionist environmental regulations would further enhance domestic investment opportunities.
It looks like we are closer to agreement philosophically than I once thought. I'm not knowledgeable enough about the potential effects of the tarriff proposal in your post to argue with or support it. However, I understand the concept and I understand the constitutionality basis of the argument. One of the negatives I can see with it is the potential for "trade wars". That is one of the main reasons I am supportive of the NRST, of course that is with the requirement that all income taxes and corporate taxes be outlawed at the Federal level.
The repeal of income and corporate taxes and the implementation of the NRST would accomplish two things. First, it would make the business/governmental environment very attractive for all corporations and with the lowest global government interference in the market, many foriegn companies would relocate to our shores. Second, it would in effect price foriegn goods above domestic goods. The foriegn goods would not only have the NRST, but they would also have their own governments taxes and regulatory costs in the price where US produced goods would only have the NRST added to the price.
We are in 100% agreement on the tort reform and environmental regulation relaxation aspect of your response. I would add right to work laws that would allow any employee to opt out of joining a union. I suspect that we differ on that point.
I'm not looking to hijack your thread into a NRST discussion, but if you would clarify how a tariff would be more beneficial given my POV above, that would be beneficial.