Quote:
Originally Posted by Robbie
It ain't rocket science man. Get RID of the corporate tax. Create an environment that business will thrive in.
He has also said (by the way) that he will start imposing tariffs on companys that outsource making it more profitable to manufacture in the U.S.
The politicians and bureaucrats with all their complicated nuanced bullshit about how to do this are so full of shit. They WANT it to seem to complicated for us to understand. It's not.
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To me the tariff thing is actually a bigger deal than the cooperate tax rate. Many companies hire a squad of accountants and lawyers to get them the best tax deal possible, but that doesn't matter if they have 5,000 employees and they have to pay them all $16-$20 per hour when they could take the manufacturing part of their business offshore and pay those 5,000 workers a couple of bucks a day.
Perhaps a combination of the lower tax rate and tariffs will keep companies from leaving and entice other companies to return. It's going to be a tough thing to turn around. We have had 30+ years of shitty trade deals and laws passed that make it very appealing to companies to go offshore. Reversing that trend will not be easy.