…is getting a bit taller. I wrote earlier about the Democratic-Progressive Party’s wish to erect an Iron Curtain to keep American companies from leaving for more economically (read: tax) sound environments. Now, Democratic-Progressive Party Presidential candidate and proud Progressive Hillary Clinton is enlarging her Iron curtain. Clinton now is proposing this:
Companies that move jobs and production out of the US would lose previous years’ tax breaks under a proposal Democratic presidential candidate Hillary Clinton released Friday during a speech in Detroit.
The US would seek to “claw back” previous tax incentives for research and development and for domestic manufacturing associated with facilities or jobs that move abroad.
On top of that,
The Clinton campaign didn’t have an estimate of how much money its tax plan would generate for the government.
Of course not. The purpose isn’t to recover monies foregone as incentives to do this or that, it’s strictly to imprison private enterprises within the US, Soviet-style—because private enterprises aren’t jobs factories, rather they are, according to this candidate, jobs welfare programs.
Remember this in the fall.