Trump Pushes Apple CEO To Manufacture In US; Promises “Very Large Tax Cuts”

Submitted by Joseph Jankowski via PlanetFreeWill.com,
While speaking with the New York Times, President-elect Donald Trump said that he received a call from Apple’s Tim Cook on Monday in which he pushed the CEO about bringing manufacturing jobs back to the United States.
‘I got a call from Tim Cook at Apple, and I said, ‘Tim, you know one of the things that will be a real achievement for me is when I get Apple to build a big plant in the United States, or many big plants in the United States, where instead of going to China, and going to Vietnam, and going to the places that you go to, you’re making your product right here.’ Trump told the NYT on Tuesday.
Trump said that Cook understood. He also mentioned that his incentive plan, which includes a ‘very large tax cut’ and ‘substantial regulation cuts’ for corporations, will bring Apple into the U. S. to manufacture.
‘I think we’ll create the incentives for you, and I think you’re going to do it. We’re going for a very large tax cut for corporations, which you’ll be happy about.’ But we’re going for big tax cuts, we have to get rid of regulations, regulations are making it impossible. Whether you’re liberal or conservative, I mean I could sit down and show you regulations that anybody would agree are ridiculous. It’s gotten to be a free-for-all. And companies can’t, they can’t even start up, they can’t expand, they’re choking.

This post was published at Zero Hedge on Nov 24, 2016.