Trump Tower Funded by Rich Chinese Who Invest Cash for Visas

There are many trust fund babies that are set up in their own nonprofit and never even pay taxes, let alone multiply the family fortune exponentially. Sounds like typical Socialist coveting to me.

 

IMO it is because he sees the harm of some of the practices that he in part chose to run. You cannot expect a savvy businessman to yield a competitive edge to others as you are insisting he should have done based on ideology, in the face of legal practices that others would follow and win out against him because he did not. That goes against the principles of competition which are basic to capitalism.

It is up to Congress to make laws that create level playing fields for businessmen that, when followed, are not harmful to the country as a whole.

 

Socialism like huge taxes on American business located in China?

 

So what, Cruz is funded by Goldman Sachs and Citibank.....

 

So what, Trump made all his money from wall street investments and from wall street investors.

 

Trump is probably as dirty as Hillary. We may have only scratched the surface here.

 

Is that what you want?

 

It's what trump wants...supposedly. People who support trump don't get to play the socialist card anymore.

 

you know all of these things production in china and mexico, chinese investors instead of americans , paying off hilary clinton and george bush via donations all prove trumps point.

If your going to be a sucessfull business in the country then the system is set up so you have very little incentive to hire american labor and businessmen do bribe political parties all the time.

The easiest way for Trump to benefit finacially from the system is for him not to run for president and let things go as they are.

everyone is clutching their pearls now and saying "gasp how could a businessman hire illegals" when thats the system the people you elected put up. Which is why we need to change it.

 

Supposedly.

 

They key word being "made" unlike Cruz who was given the money. I am sure he will return the favor once elected though. Him and his globalist scum wife.

 

The beneficiary of the Trust may not pay taxes, but I can assure you that the Trust does pay taxes, usually a lot higher than an individual pays taxes. But what the Trust biggest benefit is that it sometimes is a hedge on estate issues since it is much tougher to challenge the instructions of the trust than that of a will.

 

part of me says yes and part of me says no. Trump has been harping on the "bad trade deals" for over three decades. I remember when Phil Donahue interviewed him on his show and he talked about trade with Japan and how bad it was to the Untied States. But then again, 1980's and early 90's was pretty much Japan bashing by some business leaders, including union leadership of the AFL-CIO. But then again, Japan was forward looking and business leaders like Trump were only interested in the next quarter, not the next year, two years, or five years like many Asian and European businesses conduct their affairs, business decision, etc.

However, I still believe tariffs is not the solution to our economy. Trade has helped the United States far more than it has hurt. What has happened, though, is that our economy has changed and we have moved into businesses and industry that play to our strength. Remember, in the 1980's, American made cars pretty much sucked. Cars were meant to break down right at or right after that warranty expired. Not the same with Japanese, German, and Italian cars at that time. But then again, there was the Yugo too.

 

Mello Guy, China does more capitalism in a day than the United States does in a month, quite easily too. American businesses located in China do not pay the highest taxes. What they do, however, is create joint ventures with Chinese enterprises. The joint ventures allows those American companies into the Chinese marketplace and allows them to sell their products by word of mouth advertising with the middle class flocking to every new gadget, device, etc. It is very competitive in China to sell anything, far more competitive in China than in the United States.

The Buick is the one car that saved GM. It is popular there, especially the color black, a sign of importance, respect, money, in the Chinese advertising mystique. There are no auto financing there. If a car cost 245,000 RMB, that Chinese citizen will pay for that car in cash. What is negotiated though, in that price, is the maintenance. Sometimes a little more is added, or that maintenance is included at that dealership. the lengths sometimes the sales manager goes to in order to get the sale is what makes China so unique with its capitalistic, materialistic tendencies. And all would laugh at Sanders when he speaks.

 

If Trump gains the presidency he should have access to the advice of some of the best economists in the country, so I'm not too concerned about the intricacies of that at this point. His basic goal is to improve our economy, and I am hopefully assuming he will take whatever measures seem necessary and within reason. It would not be within reason to destroy the world's economy to do that, any more than it is within reason to continue on as we presently are. As I have stated elsewhere, IMO we have done enough to help catalyze other countries' economies and it is now time to focus more closely on our own again. One part of that is to have the rest of the world treat us fairly. China has some massive old debt to us, for example, as someone else in here mentioned. I would expect Trump and his people to take all such factors into consideration.

 

When a person is elected to be President of the United States, they all have access to some of the best minds in Economics and to improve the economy. This includes GWB and Obama. However, Trump believes that tariffs on Japan, China, and Mexico would help the economy and my strong belief is that it will not and more likely start a trade war. but good intentions set aside, because our economy is as interconnected as every other nation in the third age of globalism, none of Trump's economic polices will help the US economy. In fact, it will be very detrimental. The world treats us very well. As a US citizen, when I travel and show my US passport, even in places like China, I generally do not have to worry about the security forces going after me unless I do something very stupid, like take a picture of Mao, for instance. I am not questioned intensely on whether or not I will return home when I pass through customs or apply for a visa. For those entering the US, they are scrutinized and sometimes quite extensively. When it comes to trade, we are treated fairly. the problem is that too many business leaders do not understand the foreign market they are entering and expect that market to be like the U.S. And that is where they get into trouble. Those that understand the foreign market do quite well and follow the rules like everyone else, without harassment.

I don't see Trump changing his stance if or when he is nominated as the GOP for President. But that is my opinion.

 

Globalists may not like the effects of some of Trump's policies, since his goal does not appear to foster globalism. IMO "globalism" thus far has led to sneakier forms of warfare w hich is less controllable even in a democracy such as ours, and IMO our wealth should not be a result of such wars.

If tariffs lead to a need for us to return to producing our own products, that is fine with me--that is one way to return jobs to the US.

The US does not just exist to make it easy for a select few of its citizens to sail around the planet as superior beings. It exists to house and protect all who legally live within its borders. Assuring the rights of its citizens abroad is a higher function which is desirable but not as necessary as protecting the livelihoods of its citizens as a whole.

 

The business stance is to make profit. Basically Trump is saying he wants to change the actions of the government that have forced him, as a businessman, to give priority to foreign inerests. He has seen it first hand and has run for president to change it.

 

No one is forcing him to give priority to foreign workers whatsoever. The use of foreign workers are there to provide maximum flexibility to the business for hiring decisions.

 

There has been no forms of welfare under globalism. There has been, however, greater flow of goods and services across country boundaries in order to maximize the country's economic realities compared to the rest of the world.

But the point I was making was that American citizens and residents are treated fairly well in nearly every country. Those countries that do not treat Americans well, Iran and North Korea, are an anomaly to how American are treated internationally overall. But then again, Americans should not be going to those countries at all no matter what the circumstance. If they do and they get arrested, it is no one's fault but their own.

 

IMO the wars we are all paying for are externalized costs of various corporations that use our country to get unfair advantage and simultaneously avoid even paying their share of taxes. Insult added to injury.

 

the wars had nothing to do with globalization or corporate welfare. We went into Afghanistan as a response to 9/11. We went into Iraq because GBW was sponsored by a neoconservative group who claimed we can export democracy through military intervention (Condi Rice and Donald Rumsfeld was instrumental in developing this policy). and when we were in Iraq, we never nationalized or seized those oil properties that Mr Trump has suggested. If we did do that, you would have a valid point.

As for paying their fair share, there is IRC 969. It basically states that if income AND expenditures are not placed on the US corporate tax return, then the US based corporation can exclude that income AND expenditures from being claimed. IRC 969 was the successor to the Extraterritorial Tax Exclusion that was ruled unfair by the WTO In the late 1980's. It took five years, or was it six, for Congress to replace the extraterritorial exclusion with IRC 969. And that is far different than corporate welfare.

 

Characterize it as you will. Without government interference, it would almost always be more profitable for American businesses to build in America and hire Americans. Why did the government want to change that? Some people go so far as to think our government is actively trying to break the American economy to justify joining the EU, or forming a North American version, bringing them one step closer to global domination. I'm willing to presume that it is as Donald Trump has claimed, and that they are just incompetent negotiators who don't realize they are being taken. Being out of touch with the commoners also contributes to their ignorance.

In no circumstance can Trump be held responsible for government policies and programs that render foreign investment more lucrative. Especially since the man is running for president on the platform that such policies and programs should be changed or eliminated to favor American interests.

 

Since he is running for President, he is now being held to what those policies are and what he is proposing.

What is happening is the same game that Americans have been playing for over two centuries. Find a scapegoat and blame them for all your troubles. It used to be the Native Americans. Then it was the Irish. Then came the Germans, then came the Chinese, then came the Japanese, then came illegals, then came Muslims, now it is simply all immigrants to no specific group. Trump is using that blame game to say it is also the negotiators. Trump is going to realize, as he have been told in the past under no uncertain terms, that what he is proposing does not work and will walk away from the table. Trump would be left holding the bag and then try to find someone else to blame.

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Since he is running for President, he is now being held to what those policies are and what he is proposing.

What is happening is the same game that Americans have been playing for over two centuries. Find a scapegoat and blame them for all your troubles. It used to be the Native Americans. Then it was the Irish. Then came the Germans, then came the Chinese, then came the Japanese, then came illegals, then came Muslims, now it is simply all immigrants to no specific group. Trump is using that blame game to say it is also the negotiators. Trump is going to realize, as he have been told in the past under no uncertain terms, that what he is proposing does not work and will walk away from the table. Trump would be left holding the bag and then try to find someone else to blame.

 

If Trump is America's best then America is doomed.