Trump threatens retribution for companies that leave the FPSA!
NEW YORK (PNN) - December 4, 2016 - President-elect Donald Trump fired off Sunday morning with a Tweetstorm, and in a series of six tweets threatened heavy taxes as retribution for Fascist Police States of Amerika companies that move their business operations overseas, fire FPSA workers, and still try to sell their product to Amerikans. Trump vowed he would slap a 35% tax on products sold inside the FPSA by any business that fired Amerikan workers and built a new factory or plant in another country. The president-elect tweeted that his regime will "substantially reduce taxes and regulations on businesses. But any business that leaves our country for another country," he added, "fires its employees, builds a new factory or plant in the other country, and then thinks it will sell its product back into the 9FPSA) - without retribution or consequence - is wrong."
Trump said there will be a 35% tax on the country's "soon to be strong border" for companies that leave and then want to sell their products back to FPSA consumers. "This tax will make leaving financially difficult, but (currently) these companies are able to move between all 50 states, with no tax or tariff being charged," the president-elect tweeted.
"Please be forewarned prior to making a very expensive mistake. The (Fascist Police States of Amerika) is open for business."
Trump last week reached a deal with Carrier to keep about 1,000 factory jobs in Indiana that were slated to move to Mexico. On Friday night, we hinted that Rexnord, which is planning to move 300 jobs from Indiana to Mexico, is in his sights next.
The tweetstorm also suggests that far from moderating his stance on protectionism, Trump is only getting started. However, it also means that companies will simply have to get more creative with finding tax loopholes that do not lead to escalating "retribution", although if Trump is indeed serious on punishing anyone who fires FPSA workers in a quest for lower wages, they may have their work cut out for them.
