Trump’s Tax Account Backfire: Foreign Companies can prevent US investment for steep walks

 President Donald TrumpHe loves to say that investments from foreign countries bring the trillions and only a provision with himTax documentsIt can cause international companies to expand the United States.

The house version of the legislation would allow taxes from foreign companies and investors from foreign companies and investors, such as “unfair foreign taxes” about US companies were charged.

Recognized as Section 899, research can lead to companies to avoid concerns that they can face upright taxes. Measurement fate interrogates with the Senate – Departure of an argument related to prospects and effects.

A new analysis byGlobal Business UnionA trading group representing international companies such as TOYOTA And Nestlé estimates that the provision costs $ 360,000 in the United States and $ 55 billion every year. The analysis estimates that the tax, the congress cuts a third of the expected economic growth from total tax discounts.

“This report, which is designed for revenge measures against foreign governments, confirms that the real victims are American workers like North Carolina, Indiana, Texas,” said Jonathan Samford, President and General Director of the Global Work Alliance

The Republican Representative, a tool that can be used against countries with home roads and vehicles, tax codes, Missouri, who can be used against the countries, provided the interests of Missouri.

“If these countries decide to withdraw these taxes, we will achieve our goal,” he said. “This is just common sense. I call on the Senate to move this bill and move Americans quickly to protect the world’s economic evil actors.”

The House Republicans looked for a long time and the bill provides comfort to prevent the president’s taxes. During Joe Biden’s presidency, there were concerns between GOP deputies that foreign governments can lead to us more than countries in corporate tax codes.

The Tax Trump’s policy is under the agenda: In addition, companies abroad are investing in excluding tax imports and foreign profits in Trump.

In late May, Trump defended his approach, saying that his tariffs are caused by investing in more countries in order not to be taxed. While some countries and companies are announced, it is not evidence of investments spent on new factories on the monthly report on the construction costs.

The Republican President managed to apply the rising tariffs, then to withdraw back to low prices.

“Now we have a $ 14 trillion dollar who is committed to investing,” Trump said. “You know that there will be the hottest country in any part of the world. I went to Saudi Arabia, the king told me,” There is currently the hottest country in the world. “

Global Business Alliance, South Dakota and Senate Mike Thune in Senate on Monday, Mother Crapo Senate, Mike Crapo Senate, signed a letter signing a letter on Monday.

The Institute of Investment Company, which represents financial companies, “The United States said that the US capital markets that benefit from US-futures to the United States – the American capital markets will limit the increase in capital markets.”

Analysis performed by Ugly The quantitative economy and statistical records have a degree of indefinite degree that taxes under the 899 section will be carried out and the response of other countries. However, as in part of Europe, tax digital services can be charged against companies for tax digital services.

If the US taxes were unfairly tried, there would be a 30% tax rate on the income and income of foreign companies. People working for non-citizens’ companies in the United States can also be taxed among other provisions. Again, the foreign owners of US debts are not affected by potential new taxes.

It is also a problem that taxes and contradictory nature can be applied, Chye-Ching Huang, Executive Director of New York University

“Section 899 creates a political chicken game with business, consumers and employees who damage the business, consumers and employees to tax transfers to tax hindings.” The failed strategy is a high-risk strategy. “

In the political coalition of 2024 in the political coalition of the main countries, the main coalition of the main states may be a political reporter, or simply slows the growth. Global Business Alliance finds a loss of business, 27,700, Pennsylvania, 27,700, North Carolina and Michigan may be 27,500.

This story was first displayed Fortune.com

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