1. Repeal Obamacare.
2. Allow repatriation of overseas profits by U.S. corporations at a much lower rate than the full U.S. corporate income tax rate.
3. Permanently lower the U.S. corporate income tax rate, and tax overseas profit at a rate net of any foreign tax rates already paid.
When Obamacare is gone, something has to take its place. Health care costs are spiraling out of control, and something needs to be done to stop that. A big chunk of the reason I believe is fraud. The latest ring of fraudsters scamming Medicare was huge - and proves that the fraud problem is more pernicious and widespread than anyone wants to believe.
The repatriation issue should be coupled with a choice for management: they can retain the earnings, with taxation, or they can issue dividends at greatly reduced taxation. I’d like to see dividends issued, as it would offset the idiocy at the Fed for fixed income investors.
In general, I’d like to see dividends taxed at a low, fixed rate for all income brackets. Cash dividends are a very useful thing in investing.