I don't know... are you sure that the most pressing problem in America today is that rich people don't have enough money?
#TrumpTaxPlan
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They tend to use tax havens as an accounting trick, not as production locations. Tax holiday create some repatriation, raising some revenue.
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But when that's happened in the past, the result has mostly been things like share buybacks and dividend increases, rather than hiring.
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And it creates moral hazard. Basically tells corporations to hide money in overseas tax havens and wait until the next tax holiday.
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There's a good argument to be made about some regulations. But that doesn't apply to the estate tax or upper income tax rates.
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