Trump Promises Govt Force Against Companies Moving Out of the US

By Jordan LaPorta

In a Thursday rally in Jacksonville, Fla., Republican Presidential Nominee Donald J. Trump threatened to use the government to punish companies that choose to leave the United States to find cheaper operating costs elsewhere.

“We are living through the greatest job theft in the history of the world,” he said. “A Trump administration will stop the jobs from leaving America…If our companies want to leave, there are consequences.”

In the speech, Trump attacked the North American Free Trade Agreement, and argued that it has had a net negative effect on Americans in the form of lost manufacturing jobs. He said that a Trump Administration would renegotiate NAFTA and end the Trans-Pacific Partnership.

Despite its vague nature, Trump’s plan seems to echo the efforts of the Obama Justice Department under Attorney General Loretta Lynch, which has worked to hunt down companies seeking relief from high American corporate taxes overseas.

To reduce their tax burden, many corporations have undergone the process of corporate inversion, wherein a company buys up foreign firms and move its headquarters overseas to receive a lower rate. Notably, Pfizer attempted to do this by acquiring Botox-maker Allergan to move operations to Dublin, Ireland, where the top marginal corporate tax rate is 26.5 percent lower.

The trade and jobs comments in full can be viewed from roughly the 1:37 mark to the 1:40 mark of the video below.

Related posts

29 comments

online casino games July 1, 2020 at 7:47 am

hollywood casino online real money

golden nugget online casino

what is viagra July 2, 2020 at 10:28 pm

viagra samples

cheap viagra online canadian pharmacy

online casino real money us July 5, 2020 at 12:18 pm

online casino games

best real casino online

slot games online July 7, 2020 at 2:19 pm

parx casino online

slots online

tadalafil liquid July 9, 2020 at 11:15 pm

buy cialis online reddit

tadalafil generic

cash advance July 11, 2020 at 8:57 pm

cash advance

online payday loans

instant loans July 15, 2020 at 1:46 am

cash payday

personal loans

cash advance online July 18, 2020 at 4:32 am

payday loans

pay day loans

viagra prescription July 21, 2020 at 6:05 am

viagra cost

viagra prescription

5 mg cialis July 23, 2020 at 8:39 pm

cialis 5 mg

cialis to buy

20 cialis July 26, 2020 at 7:49 pm

cialis 5 mg

20 cialis

cialis 20 July 28, 2020 at 3:45 am

cialis 5 mg

cialis internet

cialis 5 mg July 30, 2020 at 4:42 pm

buy cialis

cialis to buy

5 mg cialis August 2, 2020 at 2:08 am

cialis generic

cialis buy

cialis 5 mg August 5, 2020 at 2:17 am

cialis to buy

cialis to buy

best generic viagra August 8, 2020 at 4:33 am

viagra without doctor

viagra without a doctor prescription

best real casino online August 10, 2020 at 5:22 pm

hollywood casino

casino slot

online casinos real money August 11, 2020 at 10:36 am

casino real money

online casino games real money

real casino August 15, 2020 at 9:43 am

best real casino online

online casino games

rivers casino August 19, 2020 at 7:13 am

casino online real money

online slots for real money

online viagra August 22, 2020 at 1:55 am

herbal viagra

herbal viagra

cheap viagra August 24, 2020 at 10:46 pm

viagra generic

generic viagra cost

viagra coupon August 27, 2020 at 4:26 pm

cheapest generic viagra

what is sildenafil

cialis 20 mg August 30, 2020 at 11:48 pm

tadalafil 10mg

tadalafil dosage

tadalafil cialis September 3, 2020 at 2:16 pm

tadalafil 20 mg

tadalafil generic

viagra vs cialis September 5, 2020 at 7:15 pm

buy cialis online safely

tadalafil 5 mg

online casino games real money September 13, 2020 at 6:03 am

casino gambling

slots real money

casino online real money September 16, 2020 at 4:58 pm

real money casino games

slot games

Buy cheap viagra internet November 12, 2020 at 10:01 pm

Viagra best buy

Canadian viagra 50mg

Leave a Comment