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US PRESIDENT DONALD Trump has once again singled out Ireland in a speech about tax reform as he vowed to bring “trillions of dollars” back into the US economy.
Trump made a speech to supporters in St Charles, Missouri last night about America’s current tax code has incentivised companies to leave the US to for countries with lower tax rates.
He said that he would “not name names” as to which countries have attracted US investment, but he quickly went on to single out Ireland.
He described how Apple, among other companies, were keeping billions of dollars offshore and said that countries like Ireland had long been incentivising businesses to do so.
“For too long our tax code has incentivised companies to leave our country in search of lower tax rates. It happens – many, many companies,” Trump told the crowd.
“They’re going to Ireland. They’re going all over. They’re going all over Asia but they’re stopping because they now want to take advantage of what’s happening and what we’re about to pass hopefully,” he said, referring to his administration’s new tax plan.
My administration rejects the offshoring model.
A number of Asian countries and Mexico were also mentioned throughout his speech.
“We’re going to bring back jobs and what we’ve had is a massive giveaway to foreign countries which encourage businesses to relocate offshore,” he said.
Trump was speaking ahead of a vote in the Senate today on tax reform.
If the vote passes, the Senate and the House of Representatives, who also published its own version of a tax reform plan on 16 November, will begin negotiations.
“We want a tax code that is simple and far and that’s for all Americans,” Trump said.
“The plan that Senators will be voting on this week, hopefully as soon as possible, closes the loopholes that corporations use to shift their profits to tax havens.”
It’s expected that Trump will sign off on the bill before the end of the year.
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I blame the lads in sector 7-G.
Probably Lenny.
Aahh it’s a secret!
Sshhhhhut up!
Sticky tape? ….
I know duck tape can fix most things, but leaky radiation filled pipes is a new achievement! I hope they used some wd-40 too.
This could be a more long term problem than Chernobyl
TEPCO have said it will take anywhere between 40 and 100 years to properly contain the leaks and yet plans going ahead in island next door to us to build more nuclear plants and a kind of softening up process going on here that we should follow suit this madness must stop.
It’s one of the older model reactors, yet it took an earthquake AND a tsunami to damage it enough to leak.
Technology has become much safer since it was originally built – so long as they build the new plant using new tech, I’m not worried.
@Stephen Would you be ok if they built one next door to you
Bill the only reason I wouldn’t like it beside me is because of the eye sore, I would feel perfectly sage.
Fukushima took more of a hammering than than anyone anticipated, a magnitude 9 earthquake and a massive tsunami, 1000s died across tho country.
Fukushima was part of the disaster but wasn’t the disaster itself.
Tepco has consistently underestimated the scale of this problem, they’ve lied to the public and they seem unwilling to accept help from anyone. The IAEA should demand access to Fukushima and compile their own report. The Japanese authorities have lost all credibility on this and things are getting worse.
Fukushima is every bit as bad as chernobyl. Both were melt-down. Only chernobyl had the explosion to go with it.
Melt down?
Yep melt-down. Reactor core cooling system fails. Nuclear fuel rods overheat, and “melt-down” and become an un-contained unmanaged unmanageable mush of molten uranium emitting vast uncontrolled quantities of radiation and heat, contaminating everything it comes close to, including the groundwater system which freely roams around the local, and not so local environment thus distributing the contamination over a wide area.
No nukes, No nukes,
Will all that radioactivity create a mutant lizard like Godzilla and may reek havoc in New York in a few years time??
Yeah, and the Pope is a Catholic.
‘Save The Whales’
Leaking into or out of?
have your say