[protomyth]

It would pretty much hand overseas corporations the US market given the fun of "licensing fees" paid to a parent company overseas. See Monster Cable for a great example. I also believe the Japanese and German car makers pull this one.

The "Buffet Rule" is a pretty good acknowledgement that our tax system is way too complicated, will end up like the problems the AMT is causing, and shows how broken the the discussion is on the news of "amount" and "rate".