Donald Trump: 35% Tax on Companies That Leave US

After railing against his comedic portrayal on Saturday Night, Donald Trump on Sunday morning turned his Twitter account on corporate tax dodgers, announcing that while he intended to push for a lower overall corporate tax rate, "any business that leaves our country for another country, fires its employees, [or] builds a new factory or plant in the other country, and ... sell[s] its product back into the U.S." would face a sizable 35% tariff, reports the New York Times. That's equal to the current corporate tax rate, which Trump has said that he wants to lower to 15%, reports CNN Money, which notes that many economists are concerned that protectionist policies could harm the economy. Trump continued: "Please be forewarned prior to making a very expensive mistake! THE UNITED STATES IS OPEN FOR BUSINESS." (More Donald Trump stories.)