New Obama Immigration Rules and Trump’s Lower Taxes and Regs to Boost Economy

Before Donald Trump gets inaugurated, its worth noting that the U.S. Government finally did something right when it comes to immigration. For the last 16 years – even after 9/11, both parties decided having an open southern border where sex-traffickers and drug dealers were free to come in was in the nation’s best interest.

Sure – for the Republicans – this was a byproduct of Chamber-of-Commerce requests to allow cheap labor into the country. For the Democrats, they just saw new voters coming in.

Both parties were responsible for getting Trump elected as his core campaign promise was to secure the border which should have been secured after the World Trade Center attack, if not before.

Instead of focusing on high-value immigrants like other countries – those looking to create businesses in the U.S., we have let in millions who undercut the jobs of citizens – working for far lower wages.

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The good news is President Obama finally addressed this issue – allowing job creators to stay in the country. They just have to prove any one of the following:

  1. Receipt of investments of capital totaling at least $250,000 from U.S. investors (such as venture capital firms, angel investors, or startup accelerators) with a history of substantial investment in successful startup entities
  2. Awards or grants of at least $100,000 from federal, state, or local government entities with expertise in economic development, research and development, or job creation
  3. Other reliable evidence that s/he would provide a significant public benefit to the U.S.

To not have done this sooner does prove Trump’s main point, that U.S. politicians do not have the best interest of the U.S. people at heart. This is the reason why the country elected a political novice – because the politicians have lost their trust. Credit should be given to Obama for getting us to be a more attractive country for foreign investment. Why it took eight years though shows how screwed up Washington’s priorities are.

The next problem most foreign businesses complain about when considering a move to the U.S. is the insanely high tax rates. If Donald Trump and Congress lower the rates significantly and reduce regulations, expect a jobs boom here in the states.

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