How will U.S. manufacturing employment levels change by the end of 2025 due to the tax policy?
Significant Increase • 25%
Moderate Increase • 25%
No Change • 25%
Decrease • 25%
Employment data from the U.S. Bureau of Labor Statistics
Trump Promises 15% Corporate Tax Rate for U.S. Manufacturing; Prices Will Come Down
Dec 12, 2024, 02:23 PM
In a recent announcement, President-elect Donald Trump stated that his administration aims to reduce corporate taxes to 15%, contingent upon companies manufacturing their products in the United States. Trump emphasized the intention to provide significant incentives for domestic production, claiming that this tax cut would be unparalleled compared to other countries. He reiterated his commitment to making America more affordable, asserting that prices across various sectors, including insurance, will decrease rapidly once he takes office. This announcement aligns with his broader economic strategy to stimulate domestic manufacturing and drive down costs for consumers.
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No • 50%
Yes • 50%
No significant changes • 25%
Tax increases implemented • 25%
Tax cuts extended • 25%
New tax cuts introduced • 25%
Yes • 50%
No • 50%
Passed as proposed • 25%
Passed with modifications • 25%
Not passed • 25%
Other • 25%
Significant growth • 25%
No change • 25%
Moderate growth • 25%
Decline • 25%
More than 0.9% • 25%
Less than 0.3% • 25%
0.3% to 0.6% • 25%
0.6% to 0.9% • 25%
Both cuts implemented • 25%
Neither cut implemented • 25%
Only dividend cut • 25%
Only capital gains cut • 25%
Yes • 50%
No • 50%
No • 50%
Yes • 50%
Yes • 50%
No • 50%
Relocate manufacturing to the U.S. • 25%
Other strategic moves • 25%
No significant change • 25%
Expand existing U.S. manufacturing • 25%