And this is one of the key issues. If the executives use the money to expand in the US and hire in the US, then Joe Sixpack will perceive it as, "Under Trump I got a good job back, unlike under Obama." If the executives (as I expect) just poss it away on frivolous M&A or buybacks to prop up share prices for executives' vested options, we just may see Bernie Sanders elected.
The two biggest things that need to be changed are the tax deductibility of corporate interest payments (companies use debt to fund expansion, rendering themselves vulnerable to corporate raiders or recession; if companies were forced to issue stock for expansion, we'd see executives planning for the long term rather than stuffing their own pockets)...and the second thing to be changed is the attitude/perception that there's this giant pot of cash that rich people are hoarding instead of sharing it. That's true in Silicon Valley; but most of this is due to the cult of the godlike CEO started by Jack Welch, and his insistence on profit by shagging US employees (where the F is my 'lifetime employability' you lying sack of flaming dung with your $2 million annual pension for life?)
“The two biggest things that need to be changed are the tax deductibility of corporate interest payments (companies use debt to fund expansion, rendering themselves vulnerable to corporate raiders or recession; if companies were forced to issue stock for expansion, we’d see executives planning for the long term rather than stuffing their own pockets).”
Both the versions lower companies ability to deduct interest on debt.