Cut corporate manufacturing taxes to the level that the rest of the world charges and you’ll save a lot of outsourcing. I believe that Japan has a 26% manufacturing tax, the United States has a 36% tax.
“Cut corporate manufacturing taxes to the level that the rest of the world charges and you’ll save a lot of outsourcing”
You can cut the tax rate to zero there will still be outsourcing to China, India. Lower labor rates and sucessful “protectionist” (pro-India, pro-China) practices make it profitable.