Why wouldn't a drop in corporate tax rates from 35% to 15% help all companies, including manufacturing?
They will have 20% more of their EBITDA to use for expansion.
Why don't they cut it to zero? I mean, is there any reason to tax anyone at all? How about we cut ALL taxes!
The GOP is promising to cut taxes for EVERYBODY, while fixing the deficit AND increasing our military substantially.
Where do you think coal miners come on that scale of promises?
Plus, any new manufacturing in the US is going to be as automated as possible, and employers have proven to be looking for college graduates for manufacturing positions that they have open TODAY!
Plus, the GOP direction is to cut health care benefits (starting this April, as I remember), to eliminate collective bargaining, to do nothing about other issues workers have - pay, retirement, job security, health care (even beyond the move targeting April), training,m etc.
Thinking this is going to be good for workers who are out of work today is really rather ridiculous.