Sherrod Brown blames GOP tax cuts for GM plant closing
Sen. Sherrod Brown said Tuesday the closing of a General Motors plant in Lordstown, Ohio, is a “tax policy” issue, suggesting the 2017 GOP tax reform law is pushing American companies to move overseas.
“The president has to cancel these tax cuts,” Mr. Brown told CNN.
“If you shut down production in Lordstown, you pay a 21 percent tax rate there. You move to Mexico, you pay a 10.5 percent tax rate,” the Ohio Democrat added.
Mr. Brown told CNN he had warned President Trump about the struggling plant more than a year ago, adding the president is finally “acting like he wants to do something.”
The senator’s comments come after Mr. Trump urged General Motors and the United Auto Workers union to start “talks” earlier this week to keep the auto plant open.
The plant was idled early in March, leaving 1,700 Lordstown hourly workers without a job. Workers are hopeful that another car could be brought to the town.