Saturday, November 5, 2016

Trump's Jobs Plan

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

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