Trump Vows to Make US a Manufacturing Powerhouse With 'Historic Buildup'

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Trump Vows to Make US a Manufacturing Powerhouse With 'Historic Buildup'
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Former President Donald Trump outlined his plan for reviving American manufacturing during a campaign event in Georgia, promising tax breaks and reduced regulations to incentivize companies to produce goods domestically.

Former President Trump on Tuesday is vowing to 'launch a historic buildup of American manufacturing muscle and might' through an economic and tax deal he says he will be offering to 'every major company and manufacturer on Earth.' Trump , speaking during a campaign event in Savannah, Georgia, said his plan for the U.S.

Lowering the corporate tax rate to 15% for all businesses would lower tax revenue by $460 billion per a dynamic analysis by the Tax Foundation, to $673 billion, according to the Tax Foundation's static analysis. The Penn Wharton Budget Model estimates that tax revenue would be $595 billion lower over a decade under the policy.

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