{"id":1048287,"date":"2024-09-24T21:14:16","date_gmt":"2024-09-25T01:14:16","guid":{"rendered":"https:\/\/democrats.org\/?p=1048287"},"modified":"2024-09-24T21:14:16","modified_gmt":"2024-09-25T01:14:16","slug":"reminder-trumps-maga-tax-scam-incentivized-companies-to-ship-jobs-overseas-and-he-would-devastate-u-s-manufacturing-in-a-second-term","status":"publish","type":"post","link":"https:\/\/democrats.org\/news\/reminder-trumps-maga-tax-scam-incentivized-companies-to-ship-jobs-overseas-and-he-would-devastate-u-s-manufacturing-in-a-second-term\/","title":{"rendered":"REMINDER: Trump\u2019s MAGA Tax Scam Incentivized Companies To Ship Jobs Overseas and He Would Devastate U.S. Manufacturing in a Second Term"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

In response to Trump\u2019s promises to gut investment in American manufacturing jobs, <\/em>DNC National Press Secretary \u2068Emilia Rowland\u2069 released the following statement:<\/em><\/strong><\/p>\n\n\n\n

\u201cAfter spending his presidency incentivizing companies to ship jobs overseas through his disastrous tax scam that resulted in plants closed, jobs lost, and promises to workers broken at every turn, Donald Trump is once again attempting to pull the wool over American workers\u2019 eyes. Trump has been clear that he would send new, good-paying manufacturing jobs overseas by repealing the Inflation Reduction Act \u2014 which has already spurred over 150,000 clean energy jobs <\/a>\u2013 and his Project 2025 plans would extend his failed tax scam that sold out workers and left American manufacturing in the dust. Americans remember Trump\u2019s economic record for the jobs lost, promises broken, plants shuttered, and jobs shipped overseas, and they\u2019ll reject Trump\u2019s Project 2025 plans again this November.\u201d <\/p>\n\n\n\n

As president, Trump\u2019s MAGA tax scam incentivized companies to ship jobs overseas \u2014 closing plants, costing workers and communities jobs, and breaking his promises to manufacturing workers over and over. <\/strong><\/p>\n\n\n\n

Trump incentivized companies to ship jobs overseas and close plants. <\/strong><\/p>\n\n\n\n

Bloomberg<\/a>: \u201cThe Offshoring of U.S. Jobs Increased on Trump\u2019s Watch\u201d<\/p>\n\n\n\n

Reuters<\/a>: \u201cHow offshoring rolled along under Trump, who vowed to stop it\u201d<\/p>\n\n\n\n

The Guardian<\/a>: \u201c\u2018He pulled the wool over our eyes\u2019: workers blame Trump for moving jobs overseas\u201d […] \u201cPromises to save US manufacturing and prevent American jobs moving abroad were a key part of Donald Trump\u2019s 2016 campaign. But since Trump took office in January 2017, nearly 200,000 jobs have been moved overseas, based on Trade Adjustment Assistance certified petitions.\u201d<\/p>\n\n\n\n

Washington Post<\/a>: \u201cTrump promised \u2018America First\u2019 would keep jobs here. But the tax plan might push them overseas.\u201d<\/p>\n\n\n\n

Politico<\/a>: \u201cTrump hails \u2018manufacturing miracle\u2019 as factories bleed jobs\u201d<\/p>\n\n\n\n

Trump claimed he created more than 1.2 million manufacturing and construction jobs, but the U.S. actually lost tens of thousands of manufacturing jobs under his watch.<\/strong><\/p>\n\n\n\n

Politico<\/a>: \u201cAsked for comment, a Trump spokesperson sent a long list of the former president\u2019s economic accomplishments, saying his policies \u2018created more than 1.2 million manufacturing and construction jobs\u2019 and helped \u2018bring back supply chains from overseas.\u2019\u201d<\/p>\n\n\n\n

BLS<\/a>: When Trump left office, there were 170,000 fewer manufacturing jobs than when he started.<\/p>\n\n\n\n

Trump broke his promises to American workers.<\/strong><\/p>\n\n\n\n

Detroit Free Press<\/a>: \u201cAnd in March 2017, he praised General Motors when he flew to Detroit to highlight the importance of American manufacturing. That same day, GM announced plans for 900 new or retained jobs in Michigan within 12 months.  This week, GM confirmed a net loss of 3,500 hourly manufacturing jobs in 2017.\u201d<\/p>\n\n\n\n

Washington Post<\/a>: \u201cTrump promised this Wisconsin town a manufacturing boom. It never arrived.\u201d<\/p>\n\n\n\n

Wall Street Journal<\/a>: \u201cPresident Trump\u2019s trade war against China didn\u2019t achieve the central objective of reversing a U.S. decline in manufacturing, economic data show, despite tariffs on hundreds of billions of dollars of Chinese goods to discourage imports.\u201d<\/p>\n\n\n\n

Trump didn\u2019t just wreak havoc on the manufacturing industry \u2014 he left office with the worst jobs record of any president in modern American history.<\/strong><\/p>\n\n\n\n

Fortune<\/a>: \u201cTrump to leave office with the worst jobs record since Herbert Hoover\u201d<\/p>\n\n\n\n

Trump\u2019s Project 2025 agenda would send good-paying manufacturing jobs overseas by extending his disastrous tax scam and repealing the Biden-Harris administration\u2019s Inflation Reduction Act \u2014 which has already spurred over 150,000 clean energy manufacturing jobs since being signed into law.<\/strong><\/p>\n\n\n\n

Renewable Energy World<\/a>: \u201cOver 100,000 manufacturing jobs announced since Inflation Reduction Act passed\u201d<\/strong><\/p>\n\n\n\n

White House Fact Sheet<\/a>: \u201cTwo years in, the Inflation Reduction Act is lowering costs for millions of Americans, tackling the climate crisis, and creating jobs.<\/p>\n\n\n\n


<\/strong>\u201cSince the beginning of the Biden-Harris Administration, companies have announced $900 billion in clean energy and manufacturing investments in the US, including over $265 billion in clean energy investments since the Inflation Reduction Act was signed into law. These investments are creating over 330,000 new jobs in the United States according to an outside group.\u201d<\/strong><\/p>\n\n\n\n

TaxNotes<\/a>: \u201cI\u2019ll Scrap IRA Tax Credits on Day 1, Trump Says\u201d<\/strong><\/p>\n\n\n\n

Financial Times<\/a>: \u201cDonald Trump would gut Joe Biden\u2019s landmark IRA climate law if elected\u201d<\/strong><\/p>\n\n\n\n

Center for American Progress<\/a>: \u201cOn page 696, Project 2025 calls for the \u2018next Administration [to] push for legislation to fully repeal \u2026 the dozens of credits and tax breaks for green energy companies in Subtitle D of the Inflation Reduction Act.\u201d<\/p>\n\n\n\n

Center for American Progress<\/a>: \u201cProject 2025\u2019s plans for climate and energy\u2014not even counting the effects of the plans for health care, education, and more\u2014would cause 750,000 direct job losses in 2030, according to Energy Innovation.\u201d<\/strong><\/p>\n\n\n\n

Politico<\/a>: \u201cVance has said that he would like to get rid of much of the Inflation Reduction Act.\u201d<\/strong><\/p>\n\n\n\n

Business Insider<\/a>: \u201cProject 2025 and the elimination of the Inflation Reduction Act have been championed by several conservative organizations<\/strong>, all led by the Heritage Foundation, a major conservative think tank.\u201d<\/p>\n\n\n\n

Vance<\/a>: \u201cI think there\u2019s a lot of bad policy in [the IRA]. \u2026 And I\u2019d like to see a lot of it gotten rid of.\u201d<\/strong><\/p>\n\n\n\n

USA Today<\/a>: \u201cNext year, under a Trump administration, inflation would rise from the current 3.3% to 3.6%, well above the 2.4% forecast under Biden, the Moody\u2019s analysis shows. Compared with Biden, the U.S. would have 3.2 million fewer jobs and a 4.5% unemployment rate, a half percentage point higher, at the end of a Trump tenure.\u201d<\/strong>
Washington Post<\/a>: \u201cTrump advisers plot aggressive new tax cuts for second White House term\u201d<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

In response to Trump\u2019s promises to gut investment in American manufacturing jobs, DNC National Press Secretary \u2068Emilia Rowland\u2069 released the following statement: \u201cAfter spending his presidency incentivizing companies to ship jobs overseas through his disastrous tax scam that resulted in plants closed, jobs lost, and promises to workers broken at every turn, Donald Trump is […]<\/p>\n","protected":false},"author":263,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1048287","post","type-post","status-publish","format-standard","hentry","category-press-release"],"acf":[],"yoast_head":"\nREMINDER: Trump\u2019s MAGA Tax Scam Incentivized Companies To Ship Jobs Overseas and He Would Devastate U.S. Manufacturing in a Second Term - Democrats<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/democrats.org\/news\/reminder-trumps-maga-tax-scam-incentivized-companies-to-ship-jobs-overseas-and-he-would-devastate-u-s-manufacturing-in-a-second-term\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:site_name\" content=\"Democrats\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-25T01:14:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/democrats.org\/wp-content\/uploads\/2024\/08\/image.png?w=1024\" \/>\n<meta name=\"author\" content=\"Claire DePree\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Claire DePree\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/democrats.org\/news\/reminder-trumps-maga-tax-scam-incentivized-companies-to-ship-jobs-overseas-and-he-would-devastate-u-s-manufacturing-in-a-second-term\/\",\"url\":\"https:\/\/democrats.org\/news\/reminder-trumps-maga-tax-scam-incentivized-companies-to-ship-jobs-overseas-and-he-would-devastate-u-s-manufacturing-in-a-second-term\/\",\"name\":\"REMINDER: Trump\u2019s MAGA Tax Scam Incentivized Companies To Ship Jobs Overseas and He Would Devastate U.S. Manufacturing in a Second Term - 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