GREAT: GOP Tax Cuts Forcing Other Countries To Compete...

[Dschrute3]

WTG Trump! Let's get big American businesses thinking America again. Make America great.


Reports from around the globe suggest that rates are coming down.

The Republican tax plan has a lot of moving parts, but its centerpiece is a major long-term cut in corporate taxes. American businesses have been eagerly anticipating these cuts, and 2017’s strong stock performances were driven in part by an expectation in the market that they were coming. Liberal critics are apt to downplay the impact that corporate tax rates have on the competitiveness of American business — but the news from around the globe suggests that our economic competitors are very aware of the threat that the “Trump tax cuts” will lure more business back to the United States, or stem the departures of existing businesses, unless they take steps to keep up.

China: The Chinese government may not share America’s view of how to stay competitive, but it recognizes that the Republican plan improves America’s position. From the Wall Street Journal:..

Read More:
GOP Business Tax Cuts Force Other Countries to Compete
DRUDGE REPORT 2018®

 

[Toddsterpatriot]

Business don't do anything based on tax rates.......I heard it from liberals.

 

[Dschrute3]

Business don't do anything based on tax rates.......I heard it from liberals.

Yeah, they're willfully ignorant. It's all about hating their Trump Boogeyman. They're not rational folks. It's very hard to have calm rational discussions with them at this point. Too much Democrat Fake News has radicalized them. They've gone loco.

 

[shockedcanadian]

These countries find other tactics to get ahead against America. In Canada we have lowered taxes, especially in Ontario, now that selling point is gone, however, we will still enter your corporations, tamper with HR departments, management, executive positions and do God knows what the intel obtained when we pretend to be legitimate employees within these companies.

Of course, this infiltration is designed to equalize the uncompetitive Canadian domestic industry and get an upper hand against the U.S counterpart. To ensure socialist perfection, Canadian taxpayers will be forced to throw them a bone in the form of a grant to allow the Canadian to keep their playground active.

In short, all of the corporations in Toronto and Ontario will still remain prime targets. You can be sure if these socialist tactics are happening in Canada they are happening in China. This is without question. It's probably much more overt in China, but the outcome is the same.

Thus, these tax breaks are very important. They will apply pressure to existing U.S corporations in Canada and elsewhere to explian to their shareholders WHY they are in these countries when America is the best market place for business with the largest consumer base. Further to this, Trump needs to alter the abuses that other countries are more than happy to occupy without push back.

If Trump does not succeed in dealing with NAFTA and China, all these countries will do is try and hold the fort until Trumps term(s) are over, and America will be back to whee it was before he was elected.