Corporate tax rates should be based on where the value of your product is being added.

100% of value added overseas 50% tax rate.

50% of value added overseas 25% tax rate.

<= 25% of value added overseas 10% tax rate.

This would apply to foreign owned companies too so an American made Toyota would be treated the same as an American made Ford.

This would also include the total value not just where assembled but also where the components are built.

This would ensure that an American made pillow case could compete with a foriegn made pillow case.

This would also force Corporations to set up shop local to their customers be those customers foriegn or domestic.

You would think that for Obama and Dems this would be a no brainer especially when wrapped in the "jobs" and "green" umbrella but, alas, they are bought and paid for just like the R's!