11-17-2016, 05:54 PM
http://www.pbs.org/newshour/making-sense/column-trumps-outrage-over-outsourcing-doesnt-apply-to-his-own-merchandise/
Rather than create an incentive for corporations to create jobs, Trump proposes to tax the companies which outsource jobs overseas and imports Every businessman worth his weight in golden parachutes will tell you taxes only get passed onto the consumer. Taxing companies for "globalization" won't create jobs in America, only higher prices for the middle class.
But, who better to solve the problem than the guy who took advantage of the system with barely more than $70 million dollars of his daddy's money?
Quote:Trump castigates American companies like Apple, Ford, Carrier and Kraft that use their brands to sell goods in the U.S., but produce them in other countries. Indeed, he appears to be so outraged by the practice that he proposes a 15 percent tax on companies for outsourcing jobs and a 20 percent tax for importing goods. More recently, he has spoken of a 45 percent tariff on Chinese imports.
Rather than create an incentive for corporations to create jobs, Trump proposes to tax the companies which outsource jobs overseas and imports Every businessman worth his weight in golden parachutes will tell you taxes only get passed onto the consumer. Taxing companies for "globalization" won't create jobs in America, only higher prices for the middle class.
But, who better to solve the problem than the guy who took advantage of the system with barely more than $70 million dollars of his daddy's money?
