For business owners , or board members in a corporation you can offer them up to 50% deduction in their taxes(the deduction majority of the time isnt that big) if they hire more people then they lay off , hire people in the United States,and give your employees good salaries.
How can you have corporations as separate entities when you tax its principals and officers based on the actions of the corporation?
You say that you want to "eliminate nearly all deductions", yet you're suggesting a massive deduction that has loopholes you could sail an oil tanker through. Not only is this massively open to abuse, but even if it functioned correctly, it would mean that taxpayers subsidize winners while further punishing losers. This is government interference in the free market in the worst possible sense.
Sorry, but I think this is an awful "idea".