President Trump will make the 2017 Tax Cuts and Jobs Act permanent, cut taxes even more, and we will have NO TAX ON TIPS and NO TAX ON SOCIAL SECURITY BENEFITS. To further support the revival of American manufacturing, President Trump’s plan calls for expanded R&D tax credits, 100% bonus depreciation, expensing for new manufacturing investments, and a reduction in the corporate tax rate from 21 to 15% solely for companies that make their product in America. If you outsource, offshore, or replace American workers you are not eligible for any of these benefits – in fact, you will pay a tariff when a product comes in from another country.