Trump proposes tax of 35 percent for US business going overseas


Trump, a prolific tweeter with about 15 million followers, needed six posts, each limited to 140 characters, to get out his message.

“The U.S. is going to substantially reduce taxes and regulations on businesses,” Trump tweeted. “But any business that leaves our country for another country, fires its employees, builds a new factory or plant in the other country, and then thinks it will sell its product back into the U.S. without retribution or consequence, is WRONG!

“There will be a tax on our soon to be strong border of 35% for these companies … Please be forewarned prior to making a very expensive mistake! THE UNITED STATES IS OPEN FOR BUSINESS.”

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