Given the current political environment of greater protectionist feeling, it (a new international tax policy) might be politically saleable, ... Is it a good idea? That's a different question. We'd be hurting competitiveness of American companies overseas.
If you pay more in taxes, you get more back, ... That's just the way our tax system is structured.
The idea that the federal government can control the economy like a master can control a pet is erroneous, ... There's no magic wand that Bush can wave.