Pardon me, but I think , although such taxes would be favourable to many, it could be ruled as an anti-trade policy by the WTO, or some other such organisation in which the US has stakes in. Would you then suggest that the US get out of these?
I may be playing the devil's advocate here, but I'd love to have an answer when someone asks me this very thing.
Here's what the answer is: If you place punitive taxes on U.S. companies that off-shore employees, then soon you will have no more U.S. companies.
Yes I would.
As matter of fact I wish someone would point out to me the section of the US Constitution that gives an unelected by Americans foreign trade body the right to set or change American law? Who elected these Europeans to oversee United States trade practices??
The politicians of either party that signed away our freedoms to NAFTA and the WTO should have been impeached for treason, IMHO.