"It was stated by some CEOs that if the U.S. rates were lowered they would bring about $1.2 trillion into our economy.
Everyone keeps saying we should tax corporations more, but we already tax them with the some of the highest rates in the industrialized world and it is forcing them off shore. Either close the loopholes or lower the rates."

Complete hogwash. The major corps have already announced their long term plans are global and overseas NOT in the US. They see little to no growth here. The majority of that dough including what's earned in the US is going to overseas expansion. No matter what you do for them they are NOT bringing the money or jobs back here. Plus the tax rate could be 90% and the existing loopholes would still have them paying zero or near zero in taxes. Doing FOR corp America doesn't work. We need to DO TO corp America to force them to do our bidding instead of the other way around. You should also remember in your 60 minutes segment the suggestion that we consider their overseas tax dodging as renouncing your citizenship. There's a start.
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"You learn more from losing than you do from winning." Lou Pinella