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FellowPatriot
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Bringing Jobs Back To America
12/02/16 at 07:19:41
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I was listing to Rush yesterday and he was talking about Carrier and Trump bringing jobs back to America etc.

Rush brought up that Trump wants to lower the corporate tax to 15% I believe. Great.

So if that is done, why the need to warn or threaten American company's to come back to the states? Should it not come on it's own just by lowering the corporate tax?

Also, what about union concessions?  There's no talk of that.







  
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The Stranger
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Re: Bringing Jobs Back To America
Reply #1 - 12/02/16 at 07:32:34
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Those things have to go thru congress and we still have RINO's in charge remember. A 15% corp rate would be great IF they remove all the loophole having some pay nothing.
Also I think a one time amnesty of 15% starting tomorrow on all money sitting overseas in banks doing nothing.
BUT FIRST before all this the government MUST STOP funneling money into the stock market and raise interest rates!!!
  

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Wayne
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Re: Bringing Jobs Back To America
Reply #2 - 12/02/16 at 08:41:38
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Offshore money.... They are dealing .. How much is offshore? 50 bil??
  

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Re: Bringing Jobs Back To America
Reply #3 - 12/02/16 at 09:15:47
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Wayne wrote on 12/02/16 at 08:41:38:
Offshore money.... They are dealing .. How much is offshore? 50 bil??


Estimates put it north of $2 trillion.  If the U.S could get companies to bring back half of that, it would be a coup.  That's a good chunk of money to have reinvested.  On top of the $150B immediately generated by tax. 

He should suggest that it's a short term offer, if they wait, they don't get the discount and thus can't have the funds available to earn big returns in the U.S when the rate domestically is going to be so much lower, along with far fewer regulations.  No business wants to risk being on the outside looking in if and when the economy picks up heavy steam.

The business tax rate is going to be a big boost.  If he goes the protectionist route it will be: low taxes/regulation environment in America, high tariffs if you import.  This requires ripping up NAFTA, developing a free trade agreement that is far more narrow in scope in terms of industries, with an eye on protecting U.S workers.  Each agreement to be bilateral in nature.

How this will work I don't know.  One thing is certain though, he has far more leverage to do this now than in anytime in the last 30 years.  Both Democrats and Republicans probably won't be fully supportive, but going against the tide isn't wise right now.
  
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Re: Bringing Jobs Back To America
Reply #4 - 12/02/16 at 09:22:56
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Obama's enduring legacy:

"Surge of Americans who are no longer in the labor force, who spiked by 446,000 in November, hitting an all time high of 95.1 million."
http://www.zerohedge.com/news/2016-12-02/americans-not-labor-force-soar-record-9...

We have our work cut out for us reversing these trends.

  

Arguing logic with a leftist is like administering medicine to the dead. They exist to be defeated, and they never consoled when their self inflicted ruin occurs.
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Re: Bringing Jobs Back To America
Reply #5 - 12/02/16 at 18:32:15
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Trump knows business. How can some corporate hater administration appeal to any kind of business?
  
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Lily003
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Re: Bringing Jobs Back To America
Reply #6 - 12/02/16 at 23:04:34
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It's more than BHO has done in 8 years.

I think he's laying out possibilities for them to consider.

He's not going to be able to reverse it all in a week!

Lily003   Huh
  
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Re: Bringing Jobs Back To America
Reply #7 - 12/02/16 at 23:08:55
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Lily003 wrote on 12/02/16 at 23:04:34:
It's more than BHO has done in 8 years.

I think he's laying out possibilities for them to consider.

He's not going to be able to reverse it all in a week

Lily003   Huh


Exactly.  Hussein has done a tremendous amount of destruction to this country ... Trump hasn't even been sworn in yet and he's made some progress.
  

Power in politics, sovereignty in America is with we the people, and that is the path to turning this country around: empowering the people.
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FellowPatriot
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Re: Bringing Jobs Back To America
Reply #8 - 12/03/16 at 06:40:41
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Why has no one brought up or talked about the union concession part of this?

It's funny how we can 'bad mouth' unions all the time prior to all of this.

I bad mouth them then and now(consistent)!
  
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