Posted on 12/04/2016 9:59:32 AM PST by Steelfish
'It Will Be A Very Expensive Mistake' Trump Says Companies Who Leave The United States And Fire Their Employees Will Face Massive Tax Increases In Sunday Morning Twitter Tirade
By Wills Robinson 4 December 2016
Donald Trump had a stern warning to companies thinking of leaving the United States during his Sunday morning Twitter tirade.
The president-elect says firms who outsource beyond America's borders will face a massive tax increase, while those who stay will see huge financial benefits. In the lengthy rant, he wrote: 'The U.S. is going to substantialy [sic] reduce taxes and regulations on businesses, but any business that leaves our country for another country, fires its employees, builds a new factory or plant in the other country, and then thinks it will sell its product back into the U.S without retribution or consequence, is WRONG!
'There will be a tax on our soon to be strong border of 35% for these companies. wanting to sell their product, cars, A.C. units etc., back across the border. 'This tax will make leaving financially difficult, but these companies are able to move between all 50 states, with no tax or tariff being charged. Please be forewarned prior to making a very expensive mistake.'
(Excerpt) Read more at dailymail.co.uk ...
Great countries don’t cower behind trade barriers.
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We were a great country when we had tariffs. They are not barriers but are a way to equalize the playing field. You and all those who insist on the STUPID idea that we should continue our same old same old self destruction because of some misconception are demanding that we try to nail a floorboard with no hammer in the toolbox!
That part of the world economy is mostly OUR Effort, inventions, dollars, and genius. I am no longer and never was willing to sacrifice our economy to a Communist world control. The New World Order, so highly touted by the UN is GLOBALIST COMMUNISM! We and we alone can take back FREEDOM to lives our lives as we INDIVIDUALLY see fit! We can and WILL build back our economy and our strength as a nation by wisely using the whole toolbox, not just the things some people think are politically correct.
Mexicans get a fraction of the wages of Americans; because (on average) they are only a fraction as productive. That doesn’t mean the individual Mexicans don’t work hard — it means that their entire economy (infrastructure, political system, education system, etc.) does not work as well as the American economy.
The cost of living is much different in other countries. It’s not a 1 to 1 so in order to for for workers to compete with dirt road country works in other countries the policy should either be to ensure that other countries are treating the workers fairly, keep the cost of living increases in the U.S much, much lower (Not sure quantitative easing helps with this), force other countries to apply the exact same over head costs (i.e regulations) as the U.S or tarriffs to balance all of the above. You’re never going to be able to compete on a wage level because Mexico, China and the like force their people to live off of $1/day. In some cases this is done because the state pays for everything (see China). Bottom line, it’s not free and fair at all. For Conservatives to suggest that it is and that American companies just have to find a way to do things more efficiently is a bold faced lie. On principal, I agree; fair trade is good but you’re not trading with other “American-Like” countries so foreign governments are putting their thumb on the scale to say the least.
I’m pretty sure you meant to address that post to someone else; because I certainly wasn’t suggesting that “American companies just have to find a way to do things more efficiently ...”.
The WTO is a corrupt and biased org (against the US) like the UN. The WTO can stick it where the sun don’t shine.
The link you refer to is talking about Obama not attending intelligence briefings, not Trump. If you can’t post a citation for your smear against Trump, I’m going to assume you just made it up completely.
Yeah there will be a few soybean farmers who will have to change crops because of retaliatory tariffs.
Have you looked at how much we import compared to what we export it’s not even close.
It's not so far off. We exported $190B in September and had a trade deficit of $39B.
And that's with the dollar at historic highs.
I heard it was state department briefings.
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