“Inversion,” “economic patriotism,” and “corporate deserters” are just a few of the buzzwords Obama has been bandying about lately to keep more taxpayer dollars flowing into Washington.

The American Enterprise Institute’s James Pethokoukis has a very different idea. As he writes in The Week, businesses shouldn’t be sending any money to DC, “zero, zilch, nada.” As Pethokoukis explains:

And for many U.S. multinationals, there is little incentive to stay officially based in America and remain subject to a complex, confiscatory tax code. It's not just that the U.S. has the highest statutory corporate tax rate — it's 40 percent including federal and state levies —among advanced economies. Even once myriad tax breaks are factored in, the effective U.S. corporate tax rate is still tops. There's no mystery as to why companies are going through all this trouble to escape the Treasury Department. It has nothing to do with a lack of patriotism, or the evasion of some sort of national duty, and everything to do with reducing costs and maximizing profits. That's what businesses do — at least the ones that want to stay in business. …

Workers bear 70 percent of the corporate tax burden, according to the Congressional Budget Office. American Enterprise Institute economists Kevin Hassett and Aparna Mathur have found higher corporate taxes lead to lower wages, with a 1 percent increase in corporate tax rates associated with a 0.5 percent drop in wage rates. No wonder the OECD [Organization for Economic Cooperation and Development] found corporate taxes to be "the most harmful for growth" of all taxes.

In the final analysis, we should scrap corporate taxes altogether if we want to grow the economy, according to Pethokoukis. More money in the hands of American workers and business owners means more investment and jobs—two of the leading economic drivers that are far more powerful than any government “stimulus” program.