Penelope
Diamond Member
- Jul 15, 2014
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Green told The Epoch Times that his forthcoming bill would allow firms to deduct the entire cost of capital spending associated with relocating from China—known as “immediate expensing”—to lure companies to move to the United States. The bill would pay for this with money collected from U.S. tariffs on Chinese imports, he proposed.
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The idea of covering 100 percent of moving costs was also recently endorsed by White House economic adviser Larry Kudlow, who said it would be “a very good thing for American companies.”
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BS, who do you think pays the Chinese tariffs, we do. And we do not need to pay to move them back.
snip
The idea of covering 100 percent of moving costs was also recently endorsed by White House economic adviser Larry Kudlow, who said it would be “a very good thing for American companies.”
Lawmaker to Introduce Bill to Help US Manufacturers Move Out of China
Rep. Mark Green (R-Tenn.) is set to introduce a bill to help companies move their manufacturing from China to the United States as momentum builds for the country to “decouple” from the Chinese regime as a result of the pandemic. Green told The Epoch Times that his forthcoming bill would allow...
www.ntd.com
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BS, who do you think pays the Chinese tariffs, we do. And we do not need to pay to move them back.