Posted on 12/26/2015 9:13:54 AM PST by ScottWalkerForPresident2016
It was the Detroit News headline "Trump goes after Ford Motor Co." not how long Hillary went overtime in the restroom that got our attention. Donald Trump made a whistle stop outside Grand Rapids, Michigan to take aim at Ford’s plans to expand production in Mexico. Trump promised if elected he would threaten manufacturers with big tariffs on imports to discourage building manufacturing plants south of the border.
Trump to Ford, "If you build that plant in Mexico, I’m going to charge you 35 percent on every car, truck part that you send into our country," he said. "Every single one." Trump went further saying he would engage in tough negotiations with car companies to build new plants in the US and Michigan. Political analysts say Trump’s proposal would at the very minimum require congressional approval and possibly violate NAFTA.
(Excerpt) Read more at mustangandfords.com ...
I’d be more in favor of Trump’s idea if he leveled the playing field by shedding GM from the government teet and undoing the union stranglehold over American auto manufacturers.
Being Stupid is not being Smart
Trump is too stupid to understand Scalia
and now he is too stupid to understand
higher taxes cost jobs
You obviously are ill informed. READ Trump’s tax proposals.
The typical Free Republic Free Traitor™ is a stubborn breed that behaves in some ways like a religious cult.
Fixed it.
I don't give a rats ass about the employment rate in China.
Becasue they are American corperations. They don’t bring it back now because the rate is 35%. I don’t think Carl Icahn and Trump are in lala land on this.
He told them if he was elected President, he would bring back the Car Manufacturing jobs to Michigan, if he could, and how he would be charging a tax on anything coming over the border...
They all cheered for that and many other things he said...and that's right down union country, U.S.A.
“No, it would further move jobs offshore”
That will not be allowed.
1) Government imposed Tariffs will force Corp back into a higher Tax rate
So even if a tariff is not a tax based on semantics
it will have the same impact of forcing Corp into higher tax rates
This is the stupidest idea since Bernie Sanders
First of all I don't think an import tariff is picking winners and losers except for the fact that it favors domestic production over imports.
As to whether Congress would pass it? It may not be necessary. Once a visible and vocal POTUS starts campaigning for it, shaming the opposition, it brings a lot of people and a lot of compromise to the table.
Especially if the proposal is coupled with a major reduction in the corporate tax rate.
Of course, a POTUS can temporarily close the border and all points of entry to commercial traffic anytime he chooses. That could add some emphasis and urgency to deliberations.
See OBAMA
You don’t need any lessons in “stupid.” You already quality.
Makes no sense, gibberish.
The same way Obama has for 7 years.
The precedent that Obama has set is that unless someone or something is there to ACT to stop a president, he will be able to do what he pleases.
A piece of paper (the constitution) will no longer be sufficient to stop him.
Id love to have the afro sheen remover contract
This is, btw, one of the reasons I support Trump over Cruz.
I want a mean SOB to follow the SOB currently living in the White House. Cruz will follow the queen’s rules, and this is not the time for that. We need someone who will ruthlessly overturn all of BO’s bs and add some BS of his own. That is the only way to stop this crap once and for all.
A long ago explanation of the Independent Counsel statute by Mark Levin convinced me of this, btw.
My hope is that Trump’s Presidency pushes gloBULLism and unFree trade into the dustbin of history.
What corperations have offshore operations where corperate tax rates are 0%??
https://en.wikipedia.org/wiki/List_of_countries_by_tax_rates
No, but you can prevent your neighbor's dog from soiling your yard...with vigilance and aggression.
And it's possible to prevent major product from crossing the border without paying a tariff.
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