Capitalist Strategy #1--What about taxes?

I have heard a lot about why cutting taxes is a bad idea in today's economic reality. Why? I don't profess to support the Limbaugh crowd, but on the notion of taxes, wouldn't a decrease in, say, the Corporate tax rate to 20% from 35%, ALONG with a crack down on allowing safe havens for foreign registered American companies make some sense? We are trying to encourage companies to hire and make profits, aren't we?

Would it be too schizophrenic to say that such a move, coupled with a single-payer health care system, and 4% mortgage refinancing for all 700+ Credit score owners, could lead America into a new age of growth?

Why not try it? We are currently trying to save the economy by government spending, and forcing the demand line to rise. I think we all want to get to the same outcome. Lowering wealthy individuals income taxes right now is a non-starter with the public, and at 39.6%, while high, this is not exactly the kind of rate that would choke off individualism like, say, 70% (in the Ford/Carter era) or more would do.

But a corporation with lower US taxes, and no health benefits would soon see little to no cost benefit to outsourcing jobs to India, the Philippines, or other "low cost" options.

The next step to the tax code should be a TRUE tax credit on green energy. Do you want electric cars? Give US taxpayers a $7,500 tax credit on the purchase of an electric car. Give US tax payers a $10,000 credit on the installation of solar panels. Give companies similar types of incentives. If we are already planning to run a deficit of $1.7 Trillion a year, why not at least let people use that towards better environmental behavior?

I think we need to see how the next 6-9 months play out here in government stimulus land. But if we are supposed to celebrate news like today's economic data (539,000 unemployed, 8.9% unemployment rate, but hey, 539,000 is WAY less than it has been...), you can count me out. I will be patient on this whole economic experiment in government spending for fiscal stimulus. I hope it works. But if it isn't proving to help, let's think about some of the initiatives laid out here?