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Message
re: Trump's Magic Wand Strikes Again: Fiat to spend $1 billion locally
Posted on 1/9/17 at 9:13 am to BugAC
Posted on 1/9/17 at 9:13 am to BugAC
quote:
I would think significantly lowering our corporate tax rate, and imposing higher fines on companies leaving the US to setup shop outside our borders has been a main Trump campaign piece.
yes but they were planning on doing this before Trump, so
why can't we just give a kudos to Fiat?
1
Posted on 1/9/17 at 9:17 am to Salmon
quote:
yes but they were planning on doing this before Trump, so
why can't we just give a kudos to Fiat?
Let me ask you this, do you really think, a company will spend $1 billion to expand operations locally under a Clinton administration that will preserve the highest corporate tax rate in the world, as opposed to moving to Mexico, amid no penalties to do so under a Clinton Presidency, and pay some of the lowest corporate taxes in the world?
Think objectively, as a business owner, if you had the option of staying, paying exponentially more in taxes to produce the same product vs. leaving, paying a fraction in taxes to produce the same product with no penalties...which would you do? You really buying that Trump's policies aren't factoring into their decision? Really?
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