Germans Are Afraid Of Losing Their Jobs … To Americans

This is pretty interesting…

We usually worry about American jobs getting shipped overseas.

Well, the new GOP tax bill has literally turned the tables.

Germans are now worried about THEIR jobs getting shipped overseas… TO US.

Bad news for them, GREAT news for us.
According to this:

While Americans are anxiously awaiting full details of the tax bill now being finalized in Congress, German economists are warning that the changes sought by President Donald Trump mean that significant amounts of new investment and jobs will shift from Europe to the United States.

“The tax competition will have a new dimension,” said Christoph Spengel, chairman of the corporate tax department at the University of Mannheim. Mr. Spengel, who is also a research associate at the Center for European Economic Research, and a group of tax experts at the university have done a detailed comparison of the two countries’ tax systems and published a report under the heading, “Germany loses out in US tax reform.”

Clemens Fuest, who heads the Ifo economic think tank, also said he believed German business would suffer. “Investments and jobs will migrate to the US,” he said.

While I don’t wish any harm on Germany… this is EXACTLY what we wanted! This is AMAZING news.

SOME German companies are excited… The ones who were already investing in the USA.

But German companies that are already active in the US are enthusiastic about the changes. ”We see the tax reform very positively,” said Caroll Neubauer, who is CEO of B. Braun Medical Inc., a healthcare company whose US operations are based in Bethlehem, Pennsylvania. “Companies, also German companies, will invest money, but also in research and development,” said Mr. Neubauer, who is also head of the German-American Chamber of Commerce.

According to the Mannheim study, proposed reforms will decrease the effective US corporate tax burden from 36.5 per cent to 22.7 percent. This is lower than the effective tax rate in Germany, which it put at 28.2 percent, and close to the European average of 20.9 percent.

The study said the US cut “will also alter the incentives for international investment, with the US becoming an even more attractive investment location for European companies after the reform is implemented.”

Jobs are coming back, and businesses will begin re-investing in America.

Can’t wait for the Dems to start spinning this.

Surely they’ll say Republicans are EVIL for MURDERING GERMANS.