NPC Meme

There is no way to force the multinational companies to invest those tax savings in the country that gave them those tax savings. Therein lies the problem

GM makes lousy vehicles.

I recall during Trump's election speeches how he said he would sit down with certain companies that closed factories in the US and opened them in other countries, and say something like "sure, that's fine, but I'm putting a huge tariff on your goods."

So that's probably one way to do it.

It must be true then if he said it. Lol

The overseas factories were already there. A president has no business in telling a company where and how to utilize their worldwide factories.

Especially a president that has filed bankruptcy seen several times.

Do you really want the president to set rules on a company level basis?

Oh not this old, stupid, bullshit "bankruptcy" argument again. Go out and find some damn facts.

It is a fact some of his companies have filed bankruptcy. But set that aside...
Do you want the president any president going company by company deciding if they used tax savings appropriately?

Trump has had like 400+ different businesses. 4 of which filed for bankruptcy. The average American business owner files for bankruptcy 70% of the time. We are talking about the average American failing 70% of the time vs Trump failing 1% of the time.

It's not really right, but neither are the corporate bailouts, and all the other stuff politicians did to undermine every single aspect of the US economy.

So I say, IF you get bailouts and big tax breaks out of the ordinary, there's going to be stipulations.

And i say there is no way to enforce those stipulations on a multinational corporation.
Now wouldn't it have been better to give that 1.5T tax cut to the people of the usa Instead of corporations? I think so

I'd rather there be no government and no taxes at all, really.

Anarchy is madness, bro.

Ok I now know you are one of those. No longer need to reply or engage you. One of many on this site

damn straight, GM engines and trans are good, everything else is pile of crap

Get um!

-6*

I dispute your numbers. GM had increased costs of more than $1 billion and tariffs were a major part of that.

Indirectly, tariffs killed GM ‘s largest export market for the small cars made by the closing plants. That market was [drumroll] ... China... but they slapped a 40% retaliatory tariff on US cars... in addition to the 25% tariff that GM pays for the steel in those cars.

https://www.youtube.com/watch?v=sQsLOkEW5Cg

GM is the one that doesn't get it - not Trump. GM is the one that strapped themselves with over $70B in debt BEFORE Trump was on the scene (and another $20B after). Trump doesn't F around - you don't follow protocol - he'll make you pay the price. He's going to cut subsidies and make them suffer for their actions. There never should have been subsidies in the first place, of course, but he'll strike them hard. He'll punish.

LOL- Trump ain't cuttin no subsidies dawg. That's corporate welfare for the elites like him. They love it.

In your dreams maybe. Lol

Gm makes shitty cars (except for the Chevy impala) and shitty decisions