excalibur
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- Mar 19, 2015
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wokespy.com
MAGA.
Healthcare giant Johnson & Johnson is expanding its footprint in the United States with a sweeping $55 billion investment initiative, a move company leadership says was helped by tax policies enacted under President Donald Trump’s administration and a favorable business climate for domestic manufacturing.
Speaking Tuesday on FOX Business’ “Mornings with Maria,” Johnson & Johnson Chairman and CEO Joaquin Duato said the company’s decision reflects confidence in the American workforce, investment environment, and tax structure.
“We have the best talent, we have the best investment environment and, very importantly, we have now the tax policy enacted with this administration that has enabled us to be competitive,” Duato said.
The CEO argued that previous tax conditions placed American-based companies at a disadvantage compared to competitors headquartered overseas.
“We’re playing with a hand tied to our back compared to companies that were domiciled outside of the U.S.,” he said.
...
Speaking Tuesday on FOX Business’ “Mornings with Maria,” Johnson & Johnson Chairman and CEO Joaquin Duato said the company’s decision reflects confidence in the American workforce, investment environment, and tax structure.
“We have the best talent, we have the best investment environment and, very importantly, we have now the tax policy enacted with this administration that has enabled us to be competitive,” Duato said.
The CEO argued that previous tax conditions placed American-based companies at a disadvantage compared to competitors headquartered overseas.
“We’re playing with a hand tied to our back compared to companies that were domiciled outside of the U.S.,” he said.
...
Johnson & Johnson CEO Credits Trump Tax Cuts For Giant 55 Billion American Investment Drive [WATCH]
Healthcare giant Johnson & Johnson is expanding its footprint in the United States with a sweeping $55 billion investment initiative, a move company leadership says was helped by tax policies e…
wokespy.com
