LARRY KUDLOW: Tax cuts, deregulation and tariff diplomacy go hand in hand

Whatever President Donald Trump finally decides this commercial policy, the basic fact is that the policies of tax reduction and the abolition of restrictions in the organization are proceeding alongside the diplomacy of customs tariffs.

We know that the global trading system has been broken decades ago. We know that the United States was a victim of unfair commercial practices, as it mainly obtained the short end of the stick.

It’s time to respond.

We know that President Trump is trying to enhance reformulation and stop work. We also know that he wants to build the American manufacturing system, which perhaps in itself a victim of unfair commercial practices around the world targeting the United States

Therefore, consider this: The investor or CEO is considering building an American factory, under Trump tax policies, will get the ability to delete 100 % immediately from the factory cost. Not only that, it will be retroactively, until January 20, 2025.

Or, perhaps, the foreign auto company in the United States may already want to upgrade its factory with the purchase of new machines and equipment. Well, they may also get a 100 % decrease in investing in the first year, as well as retroactively.

Very beautiful, don’t you think that? A feature, for us

In addition, companies “made in America” ​​travel from abroad to wild, well, you will get a 15 % tax rate of companies, among the lowest rates in the world. Another feature.

Then, consider reducing President Trump the Great in the costs of organizational compliance. For every new list, he says that he will end ten others.

It has already issued 107 executive requests in 67 days, more than any other president in history, and many of these requests have led to the liberalization of the economy.

Environmental policies, power stations, fossil fuels, banking, Supreme Education Council, Building, and Ali.

In many countries with high conflict all over the world, their governments are authoritarian, if not frankly statistically. This is particularly the case in China and Asia. But what about the European Union?

Well, come to America, and the Trump administration gives you more freedom of work to act, and remove economic and cultural regulations that have fallen into companies for a long time.

A very good deal, don’t you say? Low taxes, and regulations are much lower.

Under the filling of Mr. Trump’s economic plan, the United States will become a very large growth machine. According to the president, it has already attracted about $ 4 trillion of new foreign investments. This is only in two months.

You may say-the free market capitalism.

Oh, and by the way, if you are building in America, you do not have to worry about the definitions.