Our site archives all of Donald Trump's TRUTH Social posts, providing a searchable index of his statements, video transcripts, and image descriptions.
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Our site archives all of Donald Trump's TRUTH Social posts, providing a searchable index of his statements, video transcripts, and image descriptions.

Truth Details

The centerpiece of my plan for a manufacturing renaissance will be a 15% Made in America Tax Rate, cutting the business tax from 21% to 15%, but ONLY for those who make their product in the USA—MAKE AMERICA GREAT AGAIN!!!

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TRUTH Social status ID 113193911847955604
Original URL https://truthsocial.com/@realDonaldTrump/113193911847955604

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Video Transcript:
She is offering to companies to entice them to keep jobs in America instead of shipping jobs overseas. First, she wants to listen to this. She's called the tax queen. They love her in other countries because she forces everybody out of our country into their hands.
The tax queen is demanding a 33
percent tax hike on all domestic
production. Now, you know, you can hate companies and all that, but they still — they fuel growth and they fuel jobs, they fuel everything.
You tell these companies, they don't care. They just assume — be in Europe, they just assume. They don't care. They want to go best price, it's called, best deal.
And they're going to leave our country in droves, if she does that. It's nice to see you're going to pay 33 percent more. And 1 day you'll read, oh, gee, So-and-so. They just signed with China. They just signed with Germany. They just signed with Great Britain. It's dying to have. They'll give you free tax.
Next, she wants the largest capital gains tax
in the history of our country.
We've never had a tax.
And then she's telling people,
build your place here, but we're going to have a brand-new wealth confiscation
tax. So if you make money, you're going to pay us a lot. But more importantly, it's called an unrealized
capital gain. You know what that is? That means that you're going to pay a capital gain even if you haven't realized it, even if you haven't sold. So a lot of people are rich, but they don't have cash. Now they're going to have to get cash because if their thing goes up in value,
they have to pay a massive tax. You're going to have deterioration.
You're going to have a depression. If that happens, you have a 1929-style
depression.
This woman is grossly
incompetent.
Grossly
incompetent.
Think of it.
If a company succeeds, you have to sell it to give her half the value. Half the value is going to be owned by the government. So if it's successful,
you'll have to sell it because you don't have the cash. It's a huge success. You're going to make a lot of money in the future. We don't care about the future. Sell your company now,
and bad things happen. And nobody's, by the way, nobody's tried it.
It's a communist
kind of thing. You know that?
You could say it's a Marxist thing, if you'd like, but communists,
you understand better. In addition, Kamala is shutting down power plants nationwide,
causing electricity prices to soar more than 100
percent. Going up 100
percent. They will soon be totally out of control. They already are. And businesses will flee. They're going to flee our country. If they can't get energy, they're going to flee our country, and they're going to flee fast.
And yet, we have more energy under our feet
than any other country. I call it liquid gold.
Liquid gold.
We
have
more.
We
have more than Saudi Arabia. We have more liquid gold than Russia.
And yet, we buy — we're buying oil from Venezuela.
Why? And it's not really oil. It's
tar. You have to melt it. And you know where they melt it? Talk about the environment.
We — there's only 1 plant in the world that can take care of it because it's really not good. It's the worst.
Only 1 — you know where it's located? Houston, Texas.
So, in Houston, Texas,
they
clean this stuff up. And you know where the stuff goes? Right up there. So, if you're a big believer in the environment, this is not good. But we have the best oil on Earth, and we have the most oil. Clean, beautiful stuff.
And we have them now.
And we're going to use it.
As I say, drill, baby, drill. That's what we're going to be doing. Drill, baby, drill.
And very importantly,
She will close down all fracking and all fossil fuel development,
which will bring our country into third world status. She's going to close down all fossil fuels.