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Donald Trump Promises to 'RACE JOBS BACK' with 15% Tax Rate—But Only for Companies That Hire AMERICANS and Make in USA

Former President Donald Trump announces his plan to boost American jobs by slashing corporate tax rates. Credit: Wikimedia Commons

Former President Donald Trump has made a bold promise to American workers and manufacturers, announcing a plan to lower corporate tax rates to a striking 15%—but with a catch. This tax break will only apply to companies that manufacture their products in the United States and hire American workers. In a tweet shared by the Trump War Room, the former president emphasized the urgent need to bring jobs "racing back" to the country, tying this proposal to his long-standing pledge of boosting U.S. manufacturing and reducing dependence on foreign labor.

“To bring jobs racing back to the United States, President Trump will lower the tax rate for companies to 15%,” the tweet from Trump’s campaign team declared, before clarifying, “But ONLY if they make their product in the U.S AND hire American workers.”

This policy is seen as part of Trump’s broader agenda to revitalize the American economy, a message he continues to push ahead of the 2024 election. The former president argues that decades of outsourcing and foreign dependence have weakened the U.S. economy, leading to job losses and a decline in manufacturing power. By incentivizing companies to produce goods domestically and employ American workers, Trump aims to reverse these trends and restore what he calls "America’s lost prosperity."

Critics, however, are quick to question whether this ambitious plan will deliver on its promises. While supporters praise the move as a step towards putting "America First," detractors argue that such policies may face logistical hurdles and could increase production costs for companies. “There’s always a risk when you tie tax incentives to strict conditions like hiring American workers and producing goods solely in the U.S.,” said a political analyst. “Businesses might see it as more expensive, which could affect their ability to compete globally.”

Nonetheless, Trump’s supporters believe this plan could generate a massive economic boost, offering millions of Americans high-paying jobs and strengthening the country’s industrial base. “We need leadership that prioritizes American workers and rewards companies that contribute to our economy,” said a Trump loyalist. “Lowering the tax rate to 15% for companies that keep jobs in the U.S. is exactly what we need.”

Throughout his political career, Trump has placed a strong focus on trade and the economy, promising to bring back manufacturing jobs lost to countries like China and Mexico. His administration previously lowered the corporate tax rate from 35% to 21%, a move he has repeatedly touted as a victory for American businesses. This new proposal, however, sets a clear condition: corporations must operate within the U.S. and employ Americans to enjoy the reduced tax rate.

The announcement is likely to fuel debate among economists, policymakers, and voters alike, as the 2024 presidential race approaches. As Trump continues to advocate for an America-first approach to the economy, the question remains whether this tax cut will be enough to sway businesses and voters alike.

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