Trump Wants More Federal Control over U.S. Businesses

Washington, DC – The Club for Growth PAC released the following statement in response to remarks made by Donald Trump in Dubuque, Iowa.

At a campaign event, Donald Trump made the following statements about reports that Ford Motor Company will build a plant in Mexico:

“I would say very simply, ‘Fellas, sorry, you gotta move back.’”

“I’ll call them up and say, ‘Gotta go. I don’t want you in Mexico.’”

“I would say to the head of Ford, ‘Sorry, I’m not gonna approve. You’re gonna pay a tax, for every car and every truck and every part that comes across that southern border, you’re gonna pay a 35% tax, OK?’ That’s what’s gonna happen.”

“Donald Trump’s threat to impose new taxes on U.S. car companies will hurt the American economy and cost more American jobs,” said Club for Growth President David McIntosh. “It should thrill liberals and Democrats everywhere that Trump wants to create new taxes and start a trade war to force American companies to work where he demands.

“Instead of lowering corporate taxes, cutting unnecessary regulations, and fostering a more profitable environment in the U.S., as some Republican candidates have proposed, Trump wants to unilaterally threaten a major U.S. manufacturer with higher taxes.

“The strength of the U.S. economy has historically been our free markets. But, for the past seven years the Obama Administration has driven up costs for consumers by attacking free markets with costly regulations and executive orders. Now Donald Trump wants to one-up the Obama pen-and-phone method by threatening global companies like Ford with higher taxes to make cars for Americans. If Donald Trump gets his way, the heavy hand of government will get substantially heavier, and car buyers will be left holding the bag.”

 

The Club for Growth is the nation’s leading group promoting economic freedom through legislative involvement, issue advocacy, research, and education.

  Paid for by Club for Growth PAC and not authorized by any candidate or candidate’s committee. 202-955-5500