<p>Former President Donald Trump on Thursday promised that if he wins the election, his administration would cut the corporate tax rate for &#8220;companies that make their product in America.&#8221;</p>
<p>Trump said during a speech at the Economic Club of New York that companies that manufacture their products in the U.S. would see a corporate tax decrease from 21% to 15%. He also vowed that there would be &#8220;big&#8221; tariffs on products made in foreign countries coming into the U.S.</p>
<p>&#8220;To further support the revival of American manufacturing, my plan calls for expanded R&amp;D [research and development] tax credits, 100% bonus depreciation, expensing for new manufacturing investments, and a reduction in the corporate tax rate from 21% to 15% solely for companies that make their product in America,&#8221; Trump said to the applause of the crowd. &#8220;You have to make your product in America.&#8221;</p>
<p>&#8220;If you outsource, offshore, or replace American workers, you&#8217;re not eligible for any of these benefits. In fact, you will pay a very substantial tariff. &#8230; There will be a big tariff on that product because we want to make our goods in America,&#8221; he added.</p>
<blockquote class="twitter-tweet" data-media-max-width="560">
<p dir="ltr" lang="en">PRESIDENT TRUMP: &#8220;To further support the revival of American manufacturing, my plan calls for expanded R&amp;D tax credits, 100% bonus depreciation, expensing for new manufacturing investments, and a reduction in the corporate tax rate from 21% to 15% solely for companies that MAKE… <a href="https://t.co/9V2vv53Vyd">pic.twitter.com/9V2vv53Vyd</a></p>
<p>— Trump War Room (@TrumpWarRoom) <a href="https://twitter.com/TrumpWarRoom/status/1831735712107872564?ref_src=twsrc%5Etfw">September 5, 2024</a></p></blockquote>
<p><a href="https://www.amiracist.com/" target="_blank" rel="noopener" data-saferedirecturl="https://www.google.com/url?q=https://www.amiracist.com/&amp;source=gmail&amp;ust=1724361346607000&amp;usg=AOvVaw1ZhyOQfEkxcMH_D1Ago3CQ"><b>Tickets for “Am I Racist?” are on sale NOW! Buy here for a theater near you.</b></a></p>
<p>The Republican presidential nominee contrasted his corporate tax rate cut plan with Vice President Kamala Harris&#8217; <a href="https://www.nbcnews.com/politics/2024-election/harris-proposes-raising-corporate-tax-rate-28-rolling-back-trump-law-rcna167208" target="_blank" rel="noopener">proposed</a> corporate tax rate increase to 28%. A Harris spokesman told NBC News that the vice president&#8217;s corporate tax rate proposal is “a fiscally responsible way to put money back in the pockets of working people and ensure billionaires and big corporations pay their fair share.”</p>
<p>Trump argued that Harris &#8220;fundamentally rejects freedom and embraces Marxism, communism, and fascism.&#8221;</p>
<p>&#8220;She is promising communist price controls, wealth confiscation, energy annihilation, reparations. The largest tax increase ever imposed, and mass amnesty and citizenship for tens of millions of migrants who will consume trillions of dollars in federal benefits and destroy Social Security and Medicare,&#8221; he said, according to <a href="https://www.foxnews.com/politics/trump-vows-cut-business-tax-rate-15-create-government-efficiency-commission-led-elon-musk" target="_blank" rel="noopener">Fox News</a>.</p>
<p>&#8220;We&#8217;re not going to watch our wealth and jobs get ripped away from us and sent to foreign countries, which is what&#8217;s been happening,&#8221; Trump added in his speech. &#8220;What we&#8217;re putting forward is the most pro-American manufacturing and jobs policy in modern history for any country.&#8221;</p>

<script async src="https://www.instagram.com/embed.js"></script>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<script async src="https://www.tiktok.com/embed.js"></script><div data-widget-host="revcontent" data-pub-id="165152" data-widget-id="290588"></div><script src="https://delivery.revcontent.com/165152/290588/widget.js"></script>

Trump Vows To Cut Corporate Tax Rate For Companies That Make Products In U.S.

CONTINUE READING

Graham Platner Caught By Wife Exchanging Raunchy Texts With Women

Trump Hints At New Programming For Freedom 250 Concert After ‘Third Rate’ Artists Drop Out

MLB Exec Fired After He Claimed To Exclude Christian Player From Team’s Social Media

Fidel Castro’s Daughter Has Very Interesting Answer When Asked If Justin Trudeau Is Her Half Brother

Taxpayer-Funded Exorcisms? The Medicaid Debate Just Got Wild

WATCH: Footage Shows Engine Fly Off UPS Plane Before Crash Killed 15

News

2024 Election

Donald Trump

Elections

Kamala Harris

Politics

Taxes

A video goes viral showing a baby being refused his mother by two gay "dads". This is just the tip of the iceberg, which is why we will have an important discussion today about surrogacy. 

Hour 1

The Matt Walsh Show

Ep. 1765 - This Video Is One Of The Worst Things I've Seen In A Long Time 

The Strait of Hormuz officially opens for business (kind of), the Pope makes “shocking” comments on immigration, and President Trump promises UFO disclosure at TPUSA. 


The Michael Knowles Show

Ep. 1956 -  Pope Leo's "SHOCKING" Immigration Comments EXPLAINED

A false miscreed has corrupted our leadership class.


The Andrew Klavan Show

Ep. 1275 - Dumb, Dumber and Progressive

President Trump announces a 10-day ceasefire between Lebanon and Israel, a murder-suicide involving former Democratic Lieutenant Governor Justin Fairfax shakes Virginia, and France and Britain hold a conference to secure the Strait of Hormuz – after the Iranian conflict ends. Get the facts first with Morning Wire.

- - -

Ep. 2738

- - -

Wake up with new Morning Wire merch: https://bit.ly/4lIubt3

- - -

Today's Sponsors:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text 'WIRE' to 83848 to learn more.

Pocket Hose - Text MORNING to 64000 to get a FREE pocket pivot and their 10-pattern sprayer with the purchase of ANY size Copper Head hose. Message and data rates may apply.

Morning Wire

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26 [Member Exclusive]

A ceasefire goes into effect between Israel and Lebanon, a tragic murder-suicide rocks Virginia, and Dairy Queen deploys AI in the drive-thru. Get the facts first with Evening Wire.
- - -
Ep. 2737
- - -
Wake up with new Morning Wire merch: https://bit.ly/4lIubt3 
- - -
Today’s Sponsor:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text “WIRE” to 83848 to learn more.


Evening Wire: Lebanon Ceasefire Begins & Murder-Suicide Rocks VA | 4.16.26

The Pendragon Cycle

Menu

— News —

Trump Vows To Cut Corporate Tax Rate For Companies That Make Products In U.S.