The
reduction in the corporate tax rate from 35% to 15% gives corporations an
additional 20%. This alone will enable some manufacturers to stay or come back
to the US.
The lower
10% tax deal for companies to bring back $2 trillion in cash will enable other
manufacturers to return.
The
guarantee of no increases in electric rates and the elimination of unnecessary
regulations will enable some more manufacturers to stay or come back to the US.
The
imposition of tariffs or fines to targeted imported products from other
countries should complete the return of manufacturing to the US. Most foreign
auto makers have plants in the US already. This should give those remaining the
incentive to put plants in the US.
US
electronics manufacturers sent their board stuffing to China to get a 50%
reduction in costs. Trumps plan outlined above should enable electronics
manufacturers to bring board stuffing back to the US.
Ending
excessive immigration will result in more jobs available for US citizens.
Norb
Leahy, Dunwoody GA Tea Party Leader
No comments:
Post a Comment