The "benefit" of having government decide how to invest that money, as opposed to those who earned it, is strictly negative. All other considerations aside, the

The "benefit" of having government decide how to invest that money, as opposed to those who earned it, is strictly negative. All other considerations aside, the moral cost of endorsing the use of force in this manner outweighs any possible material benefit. Using corporate taxes to shift the burden onto foreigners, as you've suggested, is at best a short-term tactic. The other countries would just enact reciprocal policies and we'd be back where we started, except with less international trade and poorer diplomatic relations. Isolationism is not a recipe for domestic economic bliss.