This DID change the landscape a bit for the better. CapEx doesn't happen over night. Changes now won't bear fruit for 3 to 5 years. At least returns on foreign investment will be less costly to bring home. That money will get spent in the US one way or another as opposed to accumulating off shore and being reinvested off shore. It will take quite a bit of improvement in the taxation and regulatory climate to cause a significant shift toward increased US investment. If the US were a good place to invest, there would be investment. Capital flight has been enormous since the 80s. I'm not hopeful. The Left will crush it all..