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Debate 9/26/16 - Trump vs Clinton
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Quote:Gotta admit, I am a bit confused by the responses on the whole moving business to other countries thing. In the debate, Trump said the best way to get jobs back was to keep them from leaving. Clinton talked about changing tax structures. At least that was my take. Seems like that might be what Trump is talking about as well, but in a different way? From what I can tell, Trump wants to drop our max corporate tax rate to 15%, whereas Clinton wants to put changes in place to prevent inversion. Am I missing something or is this pretty much the deal? I mean realistically, if a company can shift a division and save 75% in labor costs, why wouldn't they? Not sure how either of their plans changes the math and keeps jobs here, although Clinton's plan regarding inversions seems to make more sense to me. Trump wants a vat tax on imported goods. He also thinks that lower cit taxes will incentivise growth and companies to stay... His policies are trickle down, sometimes called supply side economics. Hillary is looking to government investments as ways to subsidize growth in certain sectors... Education, renewable resources, and infrasructure investment. All of which she claimz can be accomplished via making the wealthy pay a higher tax rate then they have in the recent past. That's it in a nut shell. |
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