News

Trump Bribed Foreign CEO with BILLIONS in Corporate Tax Break as Part of Sham Jobs Program

One of the major reasons Trump’s healthcare initiative failed is due to the fact that it was based on lies. Promises to repeal and replace Obamacare have been the backbone of Republican Congressional campaigns since 2010, despite the fact that party leaders have long been aware that this was a sham promise to Republican voters. After Thursday night’s failed vote to repeal parts of Obamacare, this became evident to everyone, putting the seats of many Republican Senators in jeopardy in the upcoming 2018 elections.

Unable to claim a victory on healthcare, Trump has been forced to focus on a different one of his policy initiatives in order to curry favor with his voters: his promises to bring outsourced jobs back to the United States. Much like his promises on healthcare, however, his jobs programs quickly fall apart due to the lies that become apparent upon closer inspection.

First, Trump got caught inflating job numbers when reporting the “success” of his plan to prevent jobs at a Carrier HVAC plant, ignoring the fact that the higher production costs would force them to lay off workers in the long run regardless. Additionally, he bragged about creating 900 jobs Michigan while also forcing through policies that lead to GM firing 1,100 employees, resulting in a net job loss of 200 for the state. As always, Trump doesn’t care about the effect of his actions, and is obsessed with his own image and being seen as a winner.

Trump promised Foxconn billions in tax breaks despite a global oversupply of LCD screens.

Trump’s also taken credit for Obama-era achievements, re-announcing an Intel plan opening that had been secured during Obama’s term in 2011, but was never opened, and likely won’t be opened under Trump. Now, he’s announced a plan to open a plant in Wisconsin with Taiwan-based manufacturer Foxconn.

On the surface, this certainly seems like a success: Foxconn will invest $10 billion into the factory, and claims it will employ 30,000-50,000 Americans. As with all of Trump’s plans, however, it’s a hollow promise and an inefficient use of government resources. According to a report by the State of Wisconsin, the tax breaks that the state and federal governments had to promise Foxconn far outweigh the benefits created by the plant, with over $1 million of taxpayer money per job being handed over in the form of tax cuts.

If Trump gets his way, none of this information will ever become publicly known, and he’ll be able to claim credit for another false success. In order to prevent that, please like and share this message on Facebook so that people aren’t duped into thinking that Trump’s creating anything of value.

Comments

comments

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

FWD NOW is first and foremost committed to giving our readers accurate and relevant news that impacts our world.

Copyright © 2017 FWD NOW. All rights reserved.

To Top