Interesting idea -- tax policy has always been a great tool when used wisely.
I assure you I am as much if not more comfortable managing local resources. Face to face is a heck of a lot more efficient and effective.
I have been saying for months now, the next president should propose (and work to get passed) legislation that would ELIMINATE the corporate income tax for any company that manufactures its work product here in the US. Lots of loopholes would have to be eliminated, of course.
But corporations merely collect taxes; they don’t pay them. They also spend a boatload of money on accountants to steer them away from being exposed to taxes. That money, plus the small amount taken from them in corporate taxes could be used for investment in infrastructure and hiring.
We cannot compete internationally on the basis of wage alone; we’ll lose every time. But we can offer stable national infrastructure, protection of intellectual property, a (mostly) stable justice system, seamless access to the largest economy in the world, etc.
I don’t have the numbers to back it up, but something tells me that a huge number of employers relocating here (without being punished by our tax code), and all those employees paying taxes would far outweigh any loss of corporate tax.
Just my two cents.