Trump has a plan to lower corporate taxes to 15% and to pass penalties in the form of import taxes on American companies who have chosen to move offshore to take advantage of cheap labor.
He is also in favor of rolling back excessive regulations on American businesses that result in higher costs, and he has a plan to repatriate trillions of American dollars that are presently stranded offshore because of excessive confiscatory taxation.
Trump will have every American business standing in line to come back to US soil and he will have nonstop pleas from foreign competitors to do the same.
He knows what to do and he knows how to do it.
It’s more government, less freedom.
In this case, what would Carrier do? Ask permission from the Trump government and find out what their fines are?
If they create 500 new jobs in the U.S. do they get a credit? If they decide to open a new facility in Australia, is that a penalty? How is it calculated?
It’s more government, less freedom, bad for economy.
And how does this work?
>>>import taxes on American companies who have chosen to move offshore
Import taxes on what and how is this calculated and implemented?
I am not Trump supporter; I don't think his conversion from an unabashed supporter of liberalism and crony capitalism is 100% genuine. Call me a cynic, if you will. Trump's business acumen, though, is one of the reasons why I think I'll be able to hold my nose and pull the lever for him, should he get the nomination. Entertainment value aside; I have little doubt that America would be better off financially after 4-8 years of Trump and Co. than with Bernie or the hildebeast.