Trump Admin Makes New Tax Decision
President Trump once again puts America First, shielding U.S. companies from a globalist tax plan that would have raised costs, killed jobs, and handed power to unelected international bureaucrats.
Trump Takes Bold Stand for American Jobs and Businesses
The Trump administration has officially rejected a sweeping global tax deal championed by foreign leaders and the Biden-backed globalist elite.
Earlier this summer, President Trump’s team struck a historic deal with the Group of Seven (G7), ensuring that the United States retains full control of its corporate tax system. Instead of being forced into a one-size-fits-all tax plan run by international agencies, America will now operate under a “side-by-side” system that protects our economy and prioritizes American workers and businesses.
This bold move is a major victory for U.S. companies, especially in the energy, manufacturing, and tech industries, which were at risk of massive tax hikes under the global minimum tax framework. By standing firm, Trump is defending American sovereignty and preventing foreign governments from dictating our financial policies.
IRS Issues Pro-Business Rules: Companies Celebrate New Relief
In July, the IRS unveiled new rules to simplify tax compliance and give corporations much-needed breathing room. Accounting experts at KPMG praised the changes, saying the new rules are “simpler, more favorable, and provide greater flexibility” for U.S. companies.
Businesses across the country have welcomed these updates, which will reduce unnecessary red tape, encourage growth and innovation, and strengthen America’s global competitiveness.
Democrats Lash Out as Their Tax Hike Agenda Crumbles
Not surprisingly, Democrats are furious about Trump’s decision to protect American businesses.
Sen. Elizabeth Warren (D-Mass.) and Sen. Angus King (I-Vt.) sent a heated letter to Treasury Secretary Scott Bessent, accusing the Trump administration of “delaying or abandoning” the corporate alternative minimum tax (CAMT) that was buried inside the Democrats’ massive spending bill.
Warren blasted the move, claiming it would allow corporations to avoid higher taxes. But Trump allies strongly reject that narrative, arguing that higher taxes would have pushed jobs overseas, crippled the U.S. economy, and left hardworking Americans footing the bill.
Global Elites Furious as Trump Puts America First
The Organization for Economic Cooperation and Development (OECD), the international body behind the global tax plan, is now scrambling to figure out whether the U.S. is still officially part of the agreement.
European countries are especially upset. Many had been counting on new tax revenue from American companies — especially Big Tech firms like Google, Facebook, and Amazon. Without U.S. participation, these countries stand to lose billions, and they are pressuring Trump to reverse course.
International tax activists admit this is a devastating blow to their plans, warning that the U.S. refusal to comply may collapse the entire global tax framework. Critics call Trump’s decision a clear stand for national sovereignty, preventing unelected bureaucrats from controlling how America taxes its own businesses.
Trump Protects U.S. Energy Sector
President Trump also scored a major victory for America’s energy producers. Republicans secured a special provision to shield oil and gas companies from harmful tax changes that would have stifled domestic production.
Sen. James Lankford (R-Okla.) praised the move, saying it will protect American energy jobs, keep fuel prices stable, and reduce our dependence on foreign oil.
“We need to give our energy producers relief so they can keep providing affordable energy for American families,” Lankford said.
The Stakes Are High: What Happens If Globalists Get Their Way
If global bureaucrats succeed in reviving their tax plan, other countries could retaliate by slapping “digital services taxes” on U.S.-based Big Tech companies.
This would ultimately raise prices for American consumers and hurt innovation, while giving foreign nations an unfair advantage. Canada recently attempted to impose such a tax but backed down after strong pushback from the U.S. during trade negotiations.
Some tax advocates are now pushing for the United Nations to take control of the issue, which would further erode American sovereignty and hand even more power to global elites.
Bottom Line: Trump Stands Alone in Defending America
President Trump’s bold action ensures that America controls its own destiny when it comes to taxes, jobs, and economic growth.
While Democrats and foreign leaders rage, the Trump administration continues to put American businesses and workers first — keeping jobs here at home and preventing unelected global bureaucrats from dictating our economic future.
This is a major win for everyday Americans, proving once again that President Trump is the only leader willing to stand up to the globalist agenda.
