Posted on 12/20/2017 1:18:25 PM PST by Trump20162020
German investment in the US is expected to rise by €39 billion because of lower US corporate taxes.
German economists are warning that the changes sought by President Donald Trump mean that significant amounts of new investment and jobs will shift from Europe to the United States.
“The tax competition will have a new dimension,” said Christoph Spengel, chairman of the corporate tax department at the University of Mannheim. Mr. Spengel, who is also a research associate at the Center for European Economic Research, and a group of tax experts at the university have done a detailed comparison of the two countries’ tax systems and published a report under the heading, “Germany loses out in US tax reform.”
(Excerpt) Read more at global.handelsblatt.com ...
Yeah but when you walk through walmart it’s not Made in Germany that you see on all the products.
Forget walmart the Chinese are cutting them out and mailing direct to consumer from China now. I’ve seen some very slick chicom online retail ads recently. You’d never guess it was a Chinese company.
Our industries have been shifting from the U.S. to Europe, Asia, and South America ever since the end of World War II. And since then almost every President has stepped it up. When I was a kid, there were factories all over the country. Now, they’re all gone.
Germany is bitching about less than a 1% return on all that.
“invade Poland”
Poland is better armed now-so I don’t think that will work for them like it did before...
Es tut mir sehr leid.
NOT REALLY!!!
MAGA!!!!!
as it would provide government revenues.
Eliminate a quarter of government spending which would leave a lot more money in our pockets to be invested in the US. Turn capitalism loose.
EXCELLENT. If the Krauts are grumbling, it must be good for America. #MAGA!
With jobs RETURNING to America, will Germany need Middle Eastern migrants to work in their factories?
More like Deutschlandcide.
I’m sure your innovative, motivated, educated, young immigrant workforce will be more than capable of driving your economy, that’s what you said they were for, right?
Tough sausages!
“Now THAT’S a headline!”
Indeed. However, I’m not holding my breath while waiting for this story to appear on any MSM broadcast.
Well the Nazis could declare war......
Globalist Liberals are disappointed.
Did they think he was kidding about putting America first?
It always seems as if those “global rules” favor other countries at the expense of the U.S. taxpayer. It is about time those rules swing back in OUR favor for a change.
Good!
Germany won’t need so many gastarbeiter then. Win-win.
MAGA and KOAG!
Sehr gut, du idioten!
Well, obviously if you are trying to hold Europe up as an example of a superior welfare state to our own, then this kind of “tax competition” is grossly unfair and a deliberate attempt to make Socialism look bad. :)
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.