Posted on 12/04/2016 7:16:40 AM PST by Wolfie
President-elect Trump doubles down on 35% tax for businesses that ship jobs out of U.S.
NEW YORK Fresh off saving 800 Carrier factory jobs from being off-shored to Mexico, President-elect Donald Trump is renewing his threat against companies that move their operations to foreign countries.
Donald J. Trump ✔ @realDonaldTrump The U.S. is going to substantialy reduce taxes and regulations on businesses, but any business that leaves our country for another country, 6:41 AM - 4 Dec 2016
Donald J. Trump ✔ @realDonaldTrump without retribution or consequence, is WRONG! There will be a tax on our soon to be strong border of 35% for these companies ...... 6:57 AM - 4 Dec 2016 4,895 4,895 Retweets
(Excerpt) Read more at google.com ...
Sometimes the stick is necessary to get folks to recognize the carrot. It's up to them if they prefer the stick.
It might just be a good idea to keep some critical manufacturing infrastructure in this country.
If there is an EMP attack/event, wouldn’t it be nice to have companies that make transformers and capacitors?
What about computer systems and engines? It might be a little hard to order components from China if we go to war with them.
Trump will use carrots and sticks.... and everything else he can find. He’s a fighter.
FINALLY! The Founders were for an import tax! Dont tell that to traitor liberals and loony libertarians , tho
“I like the carrot but not the stick..”
I agree with you, although it’s early. The carrot of a sane tax and regulatory regime encourages companies to invest here, and if done right, will keep them here. The stick of a major tariff for those that leave will dissuade new investment, because it will create a roach motel of “you can check in but you can never leave.”
Hae ye ever tried to beat a lad with a carrot?
True,but you cannot run a nation without manufacturing, I believe we could get by without telemarketing call centers.
Yeah it all crap bitch and whine with ZERO alternative offered. It is knee jerk negativity and whining all the time.
Should we not be holding him to his promises?
What's your solution?
How about your IT workers? Your R&D engineers and scientists? Your medical support?
Should we not be waiting until he’s actually president before we accuse him of breaking them? I don’t recall him promising to “fix” every issue of every occupation of every potential sector of the economy all before Jan. 20.
Did you know Trump is not President yet, and thus has ZERO authority to make changes at the federal level?
Well said.
They will stay where the manufacturing is.
Boy, are you dense. The topic is MANUFACTURING JOBS. No one said that the service sector was going to be excluded. If that’s your obsession, post a vanity and rant away.
DD is like a liberal: Incapable of rational thought and no critical thinking skills.
I assume you mean me. I've been listening and have kept up with his site, been watching since the very early days.
Will you please tell me what I've missed? I appreciate it.
Thanks for clarifying.
If the internal “revenues” were not significantly changed I think this approach aligns with strengthening the free market. At least it would be a simplification and cost businesses and citizens less in compliance.
Do you know of any analyses of this approach?
Agreed. We need real change and, IMHO, he's the only one who's shown the guts to make that happen since the early days of the campaign.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.