Why Trump Cannot Bring Jobs Back With Tax Cuts

When I talk to President Trump’s supporters about how they anticipate the president will bring back lost manufacturing jobs, I tend to hear the same argument over and over. It goes something like this:

  1. Trump will cut corporate tax and other taxes that primarily hit investors.
  2. Firms and investment will return from abroad to take advantage of the low tax rates.

It is possible to demonstrate that this is false. Here’s how to do it.

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