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Trump Tax Plan Will Bring Tremendous Movement of Capital and Labor Back to United States
Breitbart ^ | 4 Mar 2016 | John Hayward

Posted on 03/04/2016 1:33:47 PM PST by detective

Economist, radio host, and CNBC senior contributor Larry Kudlow appeared on Breitbart News Daily Friday morning to discuss economic issues in the presidential race, including his support for Donald Trump’s economic platform, with some disagreement about the best way to handle unfair Chinese trade practices.

(Excerpt) Read more at breitbart.com ...


TOPICS: Business/Economy; Politics/Elections
KEYWORDS: capital; collapse; crash; defaults; economic; economy; elections; jobs; taxes; trump; trumpwasright
This is a good discussion of Trumps economic proposals.
1 posted on 03/04/2016 1:33:47 PM PST by detective
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To: detective

Yes he can, if he does a serious job of tax reform and get the feds out of state business.


2 posted on 03/04/2016 1:36:40 PM PST by Jonty30 (What Islam and secularism have in common is that they are both death cults)
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To: detective

He needs to talk about repealing crusing federal regulations, too.


3 posted on 03/04/2016 1:38:30 PM PST by Blood of Tyrants (Liberals are the Taliban of America, trying to tear down any symbol that they don't like.)
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To: detective

He needs to talk about repealing crushing federal regulations, too.


4 posted on 03/04/2016 1:38:49 PM PST by Blood of Tyrants (Liberals are the Taliban of America, trying to tear down any symbol that they don't like.)
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5 posted on 03/04/2016 1:39:42 PM PST by DoughtyOne (Facing Trump nomination inevitability, folks are now openly trying to help Hillary destroy him.)
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To: detective

Real money, not the ‘fiat’ money produced by the Federal Reserve’.


6 posted on 03/04/2016 2:02:44 PM PST by Don Corleone ("Oil the gun..eat the cannoli. Take it to the Mattress.")
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To: detective
"Tremendous Movement of...Labor Back to United States"

Just what we need...not. Prepare yourselves and watch the markets from safe places around election time.


7 posted on 03/04/2016 2:14:02 PM PST by familyop ("Welcome to Costco. I love you." --Costco greeter in the movie, "Idiocracy")
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To: detective

https://en.wikipedia.org/wiki/Tax_inversion
The U.S. is unique among developed nations in imposing both a high statutory corporate income tax rate of 35 percent (effective corporate tax rates are lower) and imposing tax on the profits that domestic corporations collect from their subsidiaries abroad. This policy of taxing foreign profits is called a “worldwide” system of taxation, and it contrasts with the “territorial” system employed by most developed countries including the United Kingdom and Canada, which generally tax only profits from domestic activities. The result is that U.S. corporations with subsidiaries in lower-tax jurisdictions face higher taxes on those foreign operations than they would if they were incorporated elsewhere. As Bloomberg View columnist Matt Levine wrote in 2014, “If we’re incorporated in the U.S., we’ll pay 35 percent taxes on our income in the U.S. and Canada and Mexico and Ireland and Bermuda and the Cayman Islands, but if we’re incorporated in Canada, we’ll pay 35 percent on our income in the U.S. but 15 percent in Canada and 30 percent in Mexico and 12.5 percent in Ireland and zero percent in Bermuda and zero percent in the Cayman Islands.”

The Economist explains:

The incentive is simple. America taxes profits no matter where they are earned, at a rate of 39% — higher than in any other rich country. When a company becomes foreign through a merger, or “inverts”, it no longer owes American tax on its foreign profit. It still owes American tax on its American profit.


8 posted on 03/04/2016 2:50:24 PM PST by Haddit (Minimalists Al Gore and Al Qaeda)
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To: familyop

“Tremendous Movement of...Labor Back to United States””””

Jobs-—BUT NOT THE UNIONS!!! They are archaic no longer needed!!


9 posted on 03/04/2016 3:50:48 PM PST by ridesthemiles
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To: detective

My main purpose of bringing some manufacturing back to the United States is not so much jobs, but NATIONAL SECURITY. How on earth can we fly fighter or bombers, or even run Combines, when they are TOTALLY DEPENDENT on Chinese-made components?


10 posted on 03/04/2016 4:41:15 PM PST by BobL (A vote for Cruz is now...is a vote for Romney (at the convention))
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To: detective

It would be nice if he would just start talking about other country’s laws with respect to TTP.

Here’s a short video from 2008 (2min 16sec) It’s “The Guy from Boston”

https://www.youtube.com/watch?v=h_VE2d0NV0I

I just want “Fair Trade”, “Fair Rules of Immigration”, etc.

Also, check out what Mexico does on their southern border. Tell me how a “Trump Wall” does anything more “Racist” than them.

Civility please,
HLB


11 posted on 03/04/2016 5:27:44 PM PST by HippyLoggerBiker (Always carry a flagon of whiskey in case of snakebite and furthermore always carry a small snake.)
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