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Germans fear huge loss of jobs from US tax reform
Handelsblatt ^ | December 14, 2017 | Katharina Kort

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 ...


TOPICS: Business/Economy; Foreign Affairs; Germany
KEYWORDS: 115th; christophspengel; donaldtrump; europeanunion; germany; incometaxes; taxcutsandjobsact; taxreform; tcja; trump; trumptaxcuts
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1 posted on 12/20/2017 1:18:25 PM PST by Trump20162020
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To: Trump20162020

Ah shucks. MAGA!!!!


2 posted on 12/20/2017 1:20:19 PM PST by A message
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To: Trump20162020

Now THAT’S a headline!


3 posted on 12/20/2017 1:20:29 PM PST by RepRivFarm ("During times of universal deceit, telling the truth becomes a revolutionary act." -George Orwell)
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To: Trump20162020

They can always invade Poland.


4 posted on 12/20/2017 1:20:41 PM PST by DIRTYSECRET (urope. Why do they put up with this.)
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To: Trump20162020

Tough schnitzel, Fritz.

L


5 posted on 12/20/2017 1:20:54 PM PST by Lurker (President Trump isn't our last chance. President Trump is THEIR last chance.)
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To: Trump20162020
Winning, sweet, sweet, winning.

Hey Merkel, in English we spell it schadenfreude.

6 posted on 12/20/2017 1:20:58 PM PST by Governor Dinwiddie (CNN is fake news.)
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To: Trump20162020

Hahaha. No more sausages and beer for you!!!


7 posted on 12/20/2017 1:21:27 PM PST by hal ogen (First Amendment or Reeducation Camp?)
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To: All

Winning.

Thank you Mr. President.


8 posted on 12/20/2017 1:22:18 PM PST by TheTimeOfMan (A time for peace and a time for war)
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To: Trump20162020

For starters, they could build more Mercedes, Audis, VWs, BMWs, Minis etc. in the US.


9 posted on 12/20/2017 1:22:20 PM PST by truth_seeker
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To: Trump20162020

How sweet it is !!!

.


10 posted on 12/20/2017 1:22:35 PM PST by Mears
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To: Trump20162020

Bet they’re more worried about their banks....


11 posted on 12/20/2017 1:22:58 PM PST by mewzilla (Was Obama surveilling John Roberts? Might explain a lot.)
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To: Trump20162020

Yeah but when you walk through walmart it’s not Made in Germany that you see on all the products.

Tax reform is not enough to stop China from stealing our jobs. We need tariffs restored. And that would also help the deficit as it would provide government revenues.


12 posted on 12/20/2017 1:23:00 PM PST by DannyTN
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To: Trump20162020

Yeah but when you walk through walmart it’s not Made in Germany that you see on all the products.

Tax reform is not enough to stop China from stealing our jobs. We need tariffs restored. And that would also help the deficit as it would provide government revenues.


13 posted on 12/20/2017 1:23:00 PM PST by DannyTN
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To: DIRTYSECRET

Or send some of their “dependents” back to their home countries so they won’t need so much $$.


14 posted on 12/20/2017 1:23:02 PM PST by Tuscaloosa Goldfinch ( I would LOVE to have my old "substandard" insurance back. It didn't mean $24K annual out of pocket)
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To: Trump20162020

Good for US

Germany is committing Islamicide.


15 posted on 12/20/2017 1:23:20 PM PST by Lurkinanloomin (Natural Born Citizen Means Born Here of Citizen Parents-Know Islam, No Peace-No Islam, Know Peace)
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To: Trump20162020

Now why didn’t we think of this before?
BEST PRESIDENT EVER!


16 posted on 12/20/2017 1:23:45 PM PST by sparklite2 (I hereby designate the ongoing kerfuffle Diddle-Gate.)
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To: Trump20162020
Related:

US tax reform breaks global rules, EU says (European finance ministers are worried)

WINNING!

17 posted on 12/20/2017 1:23:51 PM PST by Drew68
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To: Trump20162020

Oh? Trouble with your immigrants?


18 posted on 12/20/2017 1:23:51 PM PST by PeteePie (Righteousness exalts a nation, but sin is a reproach to any people - Proverbs 14:34)
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To: Trump20162020

What were formerly US corporations shall be relocating their corporate headquarters back to the US, and bringing their money now sequestered overseas with them...

The crony capitalists of the EU and many of the nations of Southeast Asia will have to somewhat deregulate their own economies to allow for start-up entrepreneurs to begin some home-grown expansion.


19 posted on 12/20/2017 1:24:00 PM PST by alloysteel (The rhetorical question, "How stupid can you be?" is just considered to be a challenge by some.)
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To: mewzilla

And this is why I wonder if any EU governments had anything to do with the Trump dossier....


20 posted on 12/20/2017 1:24:10 PM PST by mewzilla (Was Obama surveilling John Roberts? Might explain a lot.)
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