Skip to main content

About your Search

20090604
20171121
DATE
2017 7
LANGUAGE
Search Results 0 to 6 of about 7 (some duplicates have been removed)
that our competitors from china, europe, all border adjust their taxes. they take taxes off their products heading toward the united states, they put it on our products heading into the country. made in america products are at a tax disadvantage here and abroad. and it creates major incentive for u.s. companies to move ether it is their jobs, their manufacturing, or their headquarters. today, the best place usually to access the united states market is to be outside the market. that can't continue. and it won't continue. we are proposing to order adjust our taxes as well. you have all seen a theater production where the spotlight starts wide, and then it narrows down onto a single person on that cast. we are proposing to do the same de niro our code, tax code down to the united states and ask a simple question, is your product consumed in the u.s.? if so, it will be taxed equally, at 20%. whether it is produced domestic or abroad, whether it is foreign or domestic. is your intellectual property, product, or service, it will be taxed at the same rate, 20%. and hassimple significant
competitors from china, to europe, mexico, to canada, all border adjust their taxes. so they take taxes off their products heading toward the united states, they put it on our products heading into their country. as a result today, made in america products are at a tax disadvantage here and a tax disadvantage abroad. and it creates major incentives for u.s. companies to move overseas, whether it is their manufacturing, research or their headquarters. in fact, today, because of our tax code, the best place usually to access the united states market is to be outside the united states market. that can't continue. it won't continue. so we're proposing to border adjustment our taxes as well. imagine taking -- you've all seen a theater production, where the spotlight starts wide, and then it narrows down on to a singular person on that cast. we're proposing to do the same thing with the tax code. to narrow our tax code down to the united states and ask a simple question, is your product or service consumed in the u.s.? if so, it will be taxed equally at a 20% tax rate. whether it is pro
that out. it's not just a statistic. this is a great of great stress, were in china for so many people across this country. another statistic, the future will trust reported one in three americans have no savings at all. one in three americans have no savings at all. it's just a remarkable. we also have more than half of the people who responded to recent survey saying that no access resources beyond what they take a week to week or month to month. so there's a lot of people in the country who were able to take advantage of some of the wonderful programs and things that we have offered through the current tax code and the like but there's a whole bunch of our fellow americans who were not able to produce meat either because of lack of capacity, lack of understanding or lack of access. chairman brady i know and his colleagues are focused on these issues and we hope some the things he will be talking about today, that they will be economic growth but also enhanced opportunities for those who are not able to access the system and have a better financial future. at the financial ser
Search Results 0 to 6 of about 7 (some duplicates have been removed)