Germany Fears Investments and Jobs Flee To US After Trump Tax Cuts

"German investment in the US is expected to rise by 39 billion euros because of lower US corporate taxes. 

While Americans are anxiously awaiting full details of the tax bill now being finalized in Congress, German economists are warning that the changes sought by President Donald Trump mean that significant amounts of new investment and jobs will shift from Europe to the United States.

The tax competition will have a new dimension, said Christoph Spengel, chairman of the corporate tax department at the University of Mannheim. Mr. Spengel, who is also a research associate at the Center for European Economic Research, and a group of tax experts at the university have done a detailed comparison of the two countries' tax systems and published a report under the heading, Germany loses out in US tax reform

Clemens Fuest, who heads the Ifo economic think tank, also said he believed German business would suffer. Investments and jobs will migrate to the US, he said."

Oops!  There goes another Democrat talking point flushed down the drain.


Original Post
SirWasabi posted:
Kraven posted:
The desire to own and control the planet Earth is the want of the
ultimate Republican.....

There, I fixed that for you.

Thanks, you got that Right, Republicans can easily handle that in
a business way. With Democrats, the in fighting would reduce the
planet to just another N. korea/Jurassic Park sorta world.

Not even a close try...............

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