If corporate taxes are cut from 35% to 20%, we will see
these corporations return their manufacturing operations to the US because it
will become economically feasible. Companies have always liked having their
operations close to their customers and suppliers and will add manufacturing
plants to make what American’s buy.
The Reform part of the Corporate Tax Bill is the removal of
loop-holes and excessive complexity in the Tax Code in exchange for a lower
rate for all businesses.
If tax loopholes will no longer be considered, it’s hard to
figure out the role of the K-Street Lobby going forward. It looks like it could
turn to corporate lobbying to secure sales orders from Trump’s bi-lateral
agreements. Congress may actually have to write their own Bills and may
actually need to know what is in these Bills.
The lobbying activity may be left to the Left. This will
lower campaign contributions to these weasels and remove legal bribery from the
equation. The Left gets their Bills through Congress through extortion. They
threaten legislators with attacks if they don’t cave in to the Left-wing agenda
to continue the advance of socialism.
Norb
Leahy, Dunwoody GA Tea Party Leader
No comments:
Post a Comment