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Started By
Message
Trump: 'retribution’ for companies that offshore jobs, 35% tariff
Posted on 12/4/16 at 9:21 am
Posted on 12/4/16 at 9:21 am
Retribution
Trumpkins might reconsider electing a rodeo clown when their Wal Marks prices go up 35%.
MAGA by denying free market principles!
quote:
President-elect Donald Trump fired another warning shot Sunday at U.S. companies considering moving their operations out of the country, threatening "retributions or consequences" such as a hefty border tax if they do.?
The pronouncements came in a string of early morning tweets. Trump declared that he intends to incentivize businesses to stay in America by lowering corporate taxes and slashing regulations, two key components of his economic agenda. But he also warned that companies with offshore factories would face a 35 percent tariff on goods sold back to the United States
Trumpkins might reconsider electing a rodeo clown when their Wal Marks prices go up 35%.
MAGA by denying free market principles!
Posted on 12/4/16 at 9:22 am to a want
Free markets aren't free if they are not fair.
Posted on 12/4/16 at 9:24 am to a want
Link to your disdain for Hillionaire's exit tax?
Mrs. Clinton is targeting so-called inversions, where U.S.-based companies move their headquarters by buying an overseas competitor, as well as foreign takeovers of U.S. firms for tax considerations. These migrations are the result of a U.S. corporate-tax code that supplies incentives to migrate—and Mrs. Clinton wants to enact even more restrictions and penalties than President Obama already has.
The Democrat would impose what she calls an “exit tax” on businesses that relocate outside the U.S., which is the sort of thing banana republics impose when their economies sour. She’d conduct a census and then categorize any multinational with more than 50% U.S. ownership as a domestic concern that would be subject to a tax on its deferred profits if it inverts. She isn’t specifying the punitive tax rate.
Mrs. Clinton is targeting so-called inversions, where U.S.-based companies move their headquarters by buying an overseas competitor, as well as foreign takeovers of U.S. firms for tax considerations. These migrations are the result of a U.S. corporate-tax code that supplies incentives to migrate—and Mrs. Clinton wants to enact even more restrictions and penalties than President Obama already has.
The Democrat would impose what she calls an “exit tax” on businesses that relocate outside the U.S., which is the sort of thing banana republics impose when their economies sour. She’d conduct a census and then categorize any multinational with more than 50% U.S. ownership as a domestic concern that would be subject to a tax on its deferred profits if it inverts. She isn’t specifying the punitive tax rate.
Posted on 12/4/16 at 9:25 am to a want
So it's fine for the Chinese to levy 35% tariffs against our companies, and manipulate their currency, but we shouldn't consider doing the same. We have a 350 billion dollar trade imbalance with China ......30 years ago it was Zero.
This post was edited on 12/4/16 at 9:27 am
Posted on 12/4/16 at 9:26 am to a want
Still not tired, yet.
:maga:
:maga:
Posted on 12/4/16 at 9:27 am to a want
quote:
rodeo clown when their Wal Marks
At least a rodeo clown knows how to spell Wal-Mart. Maybe you should spend more time at rodeos.
Posted on 12/4/16 at 9:28 am to Jbird
quote:
U.S. corporate-tax code
this is the queen termite, kill her and you solve a whole lot of problems
Posted on 12/4/16 at 9:28 am to a want
quote:
a want
Damn you're melting hard over the past few weeks...
Didn't see you call Obama out when he lied throughout his campaign and didn't back shite up.
Posted on 12/4/16 at 9:30 am to a want
quote:
Trumpkins might reconsider electing a rodeo clown when their Wal Marks
Proof that you are a bigoted piece of shite. Can't even make an argument without throwing out generalized attacks at an entire voting bloc.
Posted on 12/4/16 at 9:30 am to mattloc
We have a 350 billion dollar trade imbalance with China because all you doofuses shop at Walmart.
Posted on 12/4/16 at 9:33 am to maine82
quote:Let me guess you buy Muricka only.
We have a 350 billion dollar trade imbalance with China because all you doofuses shop at Walmart.
Posted on 12/4/16 at 9:33 am to a want
He's doubling down on the 35%. shite is gonna get real if he pushes it. I think the GOP fights him hard.
Posted on 12/4/16 at 9:33 am to maine82
quote:
We have a 350 billion dollar trade imbalance with China because all you doofuses shop at Walmart.
Dollar General head cashier, are we?
Posted on 12/4/16 at 9:35 am to maine82
Man, I love waking up in the morning to a good dose of leftist bigotry and intolerance!
Posted on 12/4/16 at 9:40 am to a want
quote:
But he also warned that companies with offshore factories would face a 35 percent tariff on goods sold back to the United States
Good luck with that. I'm filing this under "Mexico will build a wall," "Clinton will go to prison" and other lunatic utterances by our President-elect.
Posted on 12/4/16 at 9:42 am to a want
Your melt has been better than I predicted.
Cuck.
Cuck.
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