I work here how much does benicar cost But this would not be the best outcome. As a very general rule, any time tax rules are experienced by taxpayers as a substantial burden without generating substantial revenue for the government, improvement is possible. Having taxpayers be burdened less and pay more can make them better off and help the fisc. That is what should be done with corporate taxes. The U.S. should eliminate the distinction between repatriated and unrepatriated foreign corporate profits for U.S. companies and tax all foreign income (after allowance for taxes paid to other governments) at a fixed rate well below the current U.S. corporate rate — perhaps in the 15 percent range. A similar tax should be imposed on past accumulated profits held abroad.