Donald Trump on Corporations 2016 Republican nominee for President; 2000 Reform Primary Challenger for President

Sub-sections under Corporations:
• Business Advice
• Other issues under Corporations

FactCheck: No, steel & auto investments aren't skyrocketing

"Big steel is opening and renovating plants all over the country. Auto companies are pouring into the U.S., including BMW, which just announced a major new plant," Trump tweeted in November.

This is not true, according to industry experts. Auto investment is down; BMW had said they might open a new plant, but they didn't announce one. There are a handful of bright spots for steelmakers--production is up, for one--but there's no sign of a broad trend of investment and new plants.

The falsehood came days after news broke that General Motors would close American plants because the president's steel tariffs raised the cost of doing business, and Trump has repeatedly sought to portray his trade war as a boon to the country.

Business tax rate slashed from 35% to 21%

Since we passed tax cuts, roughly 3 million workers have already gotten tax cut bonuses--many of them thousands of dollars per worker. Apple has just announced it plans to invest a total of $350 billion in America, and hire another 20,000 workers.

This is our new American moment. There has never been a better time to start living the American Dream. If you work hard, if you believe in yourself, if you believe in America, then you can dream anything, you can be anything, and together, we can achieve anything.

US open for business: keep Carrier AC in Indiana

A central theme of Trump's 2016 presidential campaign had been bringing back jobs that had been outsourced to other countries. That point was something he emphasized last week with a deal that was to retain some jobs at Carrier, which manufactures air conditioners in Indiana, rather than having those jobs exported to Mexico.

Trump tweeted: "Any business that leaves our country for another country... fires its employees, builds a new factory or plant in the other country, and then thinks it will sell its product back into the US... without retribution or consequence, is WRONG! There will be a tax on our soon-to-be-strong border of 35% for these companies...wanting to sell their product, cars, A.C. units etc., back across the border."

Reducing taxes from 35% to 15% will be a job creator

OpEd:Thinks you can punish business into doing what you want

But you say, "wait, wait, wait, isn't he a huge business success? Doesn't he know what he's talking about?" No, he isn't and no he doesn't.

His bankruptcies have crushed small businesses and the men and women who work for them. He inherited his business, he didn't create it. And whatever happened to Trump Airlines? How about Trump University? And then there's Trump Magazine and Trump Vodka and Trump Steaks and Trump Mortgage. A business genius he is not.

Get U.S. money back into U.S.: address corporate inversion

2002: Participated in development boom of Jersey City

0% corporate tax would create millions of jobs

Fight crony capitalism with a level playing field

I love capitalism enough to protect it. There has to be a level playing field where everyone can compete fairly. The guy swinging a hammer all day shouldn't have the government reaching in his pocket and handing his taxes to Obama's big shot donors. It's wrong and unfair.

Wealthy move assets around globally based on tax incentives

When questioned, Trump also argued that the tax would drive the wealthy to shift their assets, the developer dismissed those concerns: "Well, I just think that the booming economy that we create by my plan would keep the money here because it's incentive. They're going to want to be where the action is. They're going to want to be where the good economy is. And they move their money around, hey, including me. You move your money around where the action is, and now it's a real world economy. But this country would be booming. We'd have no debt. It would be unbelievable."

First real estate deal: 1,200-unit residential foreclosure

Vulture lawyers look for businesses known to settle cases

Litigation system is abused to force deal negotiations

Politicians ought to be ashamed of themselves for perpetuating this ridiculous situation. Court systems have become backlogged for years with superfluous cases. In New York in particular, a case will often take seven or eight years to actually get to court. This is certainly not the judge's fault, because most of the judges in New York are hardworking, diligent men and women with brilliant legal minds. The fault lies in a system that is meant to be abused, and which is costing states and the country hundreds of millions of dollars. Perhaps more important, its creating centuries worth of delay.

Any business of any size will pay no more than 15% tax

The plan states that any business of any size will pay no more than 15 percent of their business income in taxes. This low rate will make corporate inversions unnecessary and will make America one of the most competitive markets in the world. This plan will also require companies with off- shore capital to bring that money back to the United States at a repatriation rate of only 10 percent.

I've used bankruptcy laws to do a great job for my companies

TRUMP: Because I have used the laws of this country, the chapter laws, to do a great job for my company, for myself, for my employees, for my family. I have never gone bankrupt, by the way. I have never.

Q: But your companies have gone bankrupt.

TRUMP: Out of hundreds of deals that I've done, on 4 occasions I've taken advantage of the laws of this country, like other people. The difference is, when somebody else uses those laws, nobody writes about it. When I use it, they say, "Trump, Trump, Trump."

Q: Trump Entertainment Resorts went bankrupt in 2009; lenders to your company lost over $1 billion and more than 1,100 people were laid off.

TRUMP: These lenders aren't babies. These are total killers. These are not the nice, sweet little people that you think, OK? I had the good sense to leave Atlantic City; every company virtually in Atlantic City went bankrupt

Business is an acquired skill based on discipline & focus

There's a certain amount of bravado in what I do these days, and part of that bravado is to make it look easy. That's why I've often referred to business as being an art.

I received a star on the Hollywood Walk of Fame in 2007, which was a big surprise for someone who opted for a real estate career. Did I have a natural talent for the entertainment industry? Maybe, but I've always paid attention to it, and I'm always learning. When I was in school, I always studied on my own in addition to what was required. I've noticed that a lot of very successful people have done the same thing, no matter what their respective fields might be.

Pragmatic positive: be positive, but be realistic

Being a know-it-all shuts the door on new ideas

If I'd started in business thinking I knew everything, I'd have been sunk. Don't make that mistake. There are a lot of hidden aspects in every industry, and you will find out how complex seemingly simple things can be.

In the game of life, money is how you score

Sure, you need to get paid for your work, and you will if you provide something valuable. In the game of life, money is how you score. Yet the real fun is not in simply scoring; rather it is in the excitement you will have coming up with creative ways to get the ball in the goal. Find your passion in doing something useful for people and the money will follow.

It may sound simple, but I have become a billionaire many times over by sticking with this simple philosophy. Many people believe that I started out with a lot of money from my father. The truth is that when I started out in business, I was practically broke. My father didn't give me much money, but what he did give me was a good education and the simply formula for getting wealthy: work hard doing what you love.

A great deal when both sides win? That's a bunch of crap

I trust my instinct on business deals as well as personal

When I first started building golf courses, my instincts told me it was a good business decision. I knew if I combined my passion for golf with my knowledge of real estate, I would succeed. The results have been spectacular.

Practice listening to your instincts. Play with this skill, and test it out on small decisions. Learn to trust it. You will acquire a real edge in both your business and your personal life. Use this skill to choose who you date and who you trust to babysit your children.

Many things are hidden from us that we cannot articulate logically, but somehow we know they are there. We have a vague feeling that cannot be explained. Your instincts are there to guide you. Use them.

Recuperated from debt with hard work and intelligence

How big you think determines how big a success you become

Bankers would much rather lend money for a big project than for a small one. If you succeed with the big project, you stand to gain a lot more money.

The first step to success is to make the leap from being nobody to being somebody. Most people are afraid to think big. They just can't do it. Why? Because they cannot imagine themselves doing big things; they do not have the knowledge, experience, or track record. They have none of the trappings that a successful big- thinking person has. When it comes to thinking big, you are your own worst enemy.

Do you believe that thinking big is reserved for people with money, college degrees, family connections, or even intelligence? That is not true. Anyone can think big. The most important thing is the size of your thinking. How big you think determines how big a success you become.

Look below the daily news to identify big sweeping changes

Learning to be spontaneous takes preparation & practice

Few people are naturally gifted extemporaneous speakers, but most can learn. It usually takes training, experience, and discipline. If you want to learn how to talk on your feet, know your subject inside out so that you will never have to hesitate or bluff because questions will not surprise or stump you. You'll know every answer, and each question will give you a great opportunity to show how good you are and how much you know. Master your subject; know it cold.

Move quickly from seeing problems to seeing solutions

By now, I've been in business long enough to have had ups and downs. I've enjoyed magnificent victories and suffered painful defeats. I've learned to go quickly from seeing problems to seeing their solutions. The secret to resolving problems is to emphasize the solution more than the problem; accentuate the positive without ignoring the negative.

12-hour working days are my norm, not an exception

Do your research, but then trust your instincts

Q: I'm starting a small business, and I have a clear vision of what I want my business to become. What do you think are the five most important aspects to consider when opening a small business in a small but global (when tourism is considered) town?

2. Know the market.
3. Do your research.
4. Go with your gut. Trust your instincts.
5. Be prepared to work every single day at full capacity.
6. Don't give up--ever. Be tough and tenacious.

Personal bankruptcy is a negotiating tool; I'd never do it

We've all been victims of herd mentality on Wall Street