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Politics : The Trump Presidency
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To: combjelly who wrote (7214)1/20/2017 9:14:31 PM
From: i-node  Read Replies (1) of 363233
 
He never went bankrupt. Corporations which he owned filed for chapter 11. This is a key reason corporations exist. Intelligent business owners incorporate every business unit separately specifically to protect themselves.

AC at the time was not a booming economy.

>>And how would you do that? Foxconn is moving to completely automated factories.

Well, they aren't totally automated but are moving toward automation.

But the best way to do it is through corporate tax credits. You make them whole for hiring managers re exensive American workers. It is far better than just giving them money, which is what the Dems want to do.



You have a good team of managerial accountants sit down and work out a credit that will offset their costs in putting plants here. The accounting is complex but the tax law changes need not be.
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