IMHO, in parallel with this would be the need to get corporate taxation down to be competitive with the rest of the world, and ease a lot of the regulations, then the picture will be even clearer...
One thing that has entered it’s ugly head here, is our international agreements. For instance, our corporations are taxed abroad, so the U. S. gives them a tax break here domestically.
France (I believe it was) filed suit before the WTC (I believe it was), and the U. S. lost.
These dumb a__ fools signed these agreements, and now they have trouble making our own rules here.
Just like we said they would.
I do agree that there is more that could be done along the lines you suggested, and it should be done now.
There are so many ways to improve this nation, if a good Conservative was installed as president with a decent Congress that would work with him.