Trump on lowest scale: We cut your taxes from almost 40% down to 21%, Now from 21% to 15% IF made in USA
POTUS Trump: “We cut your taxes from almost 40% down to 21%. Now, we’re bringing your taxes down from 21% to 15% — IF you build your product, make your product in the USA.”
Trump: Big Beautiful Tax Bill 100% expensing retroactive to 1/20, expensing for a 4-yr period full 100%
POTUS Trump: “Our Big Beautiful Bill — will include 100% expensing retroactive to January 20… So, expensing one year you take a deduction so you can build your factories right now essentially almost tax free… We’re going to make that expensing for a four-year period at a full 100%.”
GE Aerospace CEO Lawrence Culp: “We’re investing $1 billion this year — across sixteen states, not only in our manufacturing footprint, but with so many of the small and mid-sized businesses that constitute our supply chain.”
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Trump on Tax lowest scale: 40% to 21% to 15% IF made in USA, 100% expensing retroactive, 4-yr period full 100%