President Donald Trump compared regulations on American businesses to a type of stealth regulation.
Government regulations and rules are like “stealth taxation,” Trump told attendees Friday at this year’s World Economic Forum in Davos, Switzerland.
His comments cap off a week-long discussion about climate change and global business relations.
The president also noted during a question and answer form that he devoted much of his time during the 2016 election to eliminating regulations he considered “suffocating.”
‘Regulation is stealth taxation’: President Trump speaking live at #WEF18 https://t.co/2xoETl4UTn pic.twitter.com/ojUMSQPFQy
— Reuters Davos (@Reuters_Davos) January 26, 2018
“In one year we have cut more regulations than any other administration,” Trump added, noting that they are important, but that they need to be streamlined and winnowed down.
He greeted several business leaders at the conference during a dinner. European companies like Adidas, Siemens, and Bayer went around the table to thank Trump for the passage of tax cuts and the easing of corporate tax burdens.
Almost every CEO had a new US-based investment or strategic business to announce.
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Old saying : Those who can, do. Those who can’t, teach. My favorite teacher dropped outta school, played pool, got a taste of factory work. Went back to school, got his degree and taught us physics, using real world examples to keep us interested. He stood out from the others, who had never stepped outside of the education crib.
Trump made buildings happen. He dealt with parasites who siphoned from his work, and watched them squander those taxes. Who better than him to set America right?
He replaced Mr. Community Organizer. Obama never built any thing. But he knew how to groom voters. Trump is a game changer.
For a guy with no first hand political experience , and despite a number of did he just say that moments the guy could be one of the best Presidents the USA has ever had .
The MSM have so lost it but hey nobody likes being insulted
or the target of an orchestrated smear campaign . The Russian dossier . What a corrupt scam .
Trump is a perfect example of how a successful business person is far superior to a politician and even in the field of political manipulation !
The lifelong political elite, both sides
Have no conception of how they’re being used
Because they do not understand business acumen
They only understand semi-criminal politics
Trump is playing them like a violin
And they’ll never figure it out
They are incapable of figuring it out.
I’ll sit back and laugh.
Stealth? ? ? Government has our skulls in a vise and he calls it stealth? Since when did THE DONALD become a master of understatement?
I sure wish all these Enviromentallists Wackos would go and sit in the closet all day long