I won't argue any longer as to why you haven't already done the "corporate value tax" thing, but here is what you need to know.
Between 2019 and 2020, the market value of U.S. companies in the Global 2000, rose from $25.9 Trillion to $39.1 Trillion, an increase of $13.2 Trillion (49%). Although i would not necessarily expect continued 49% growth, i could very well imagine a continued and maybe slightly increasing annual growth of $13.2 Trillon.
My contention is this. Business growth can come about in many different ways, but it does not hurt "any business" to say it's home base is the United States of America. And it is for that reason, i believe business should contribute some of their actual net value growth to the government.
In the above case, if you set that rate at 10% of "net value growth", the government would collect $1.32 Trillion--all driven by the difference between market values at the end of a calendar year.
As a citizen of the United States, as a veteran of the United States, i think business should contribute at least 10% of their growth towards the Government which protects them.
And if you cannot sell this to Manchin, then Manchin is not as good as i thought he was.
It's too easy for corporations to find loopholes to avoid taxes. Such as registering in other countries. Yet they operate out of America, make a huge portion of their revenue from US consumers, and often take advantage government subsidies, services, and other benefits. This has to change.
It's hard to change the "market value" of your company. Investors decide that. The corporate value tax is the way to go. It is a much fairer approach than taxing income. Heck, with the corporate tax, no one would even have to fill out forms, the tax could be figured on January 1 each year. If a U.S. company decided to move offshore, then that company should also lose all the benefits that go along with being part of the United States.