There's plenty we could do, if our regulators weren't in and out the Revolving Door of tax avoidance/regulation.
Anyway, I've already covered that with tax havens, mostly.
Lots of good ideas are out there: fewer tax brackets, chop down the forest of corporate tax breaks, but to your idea, they'd just move their incorporations elsewhere and business continues semper eadem.
-- I'm telling you, these are smart people.