BAKER: “What are the – what are the main goals?”
TRUMP: “I want to achieve growth. We’re the highest-taxed nation in the world, essentially, you know, of the size. But we’re the highest-taxed nation in the world. We have — nobody knows what the number is. I mean, it used to be, when we talked during the debate, $2.5 trillion, right, when the most elegant person — right? I call him Mr. Elegant. I mean, that was a great debate. We did such a great job. But at that time I was talking $2.5 trillion. I guess it’s $5 trillion now. Whatever it is, it’s a lot more. So we have anywhere from 4 [trillion] to 5 or even more trillions of dollars sitting offshore.
We want to get that back, No. One, at a very reasonable cost. And that cost is going to be 10 percent. And right now, it’s so high that, No. One: You would never do it on a business basis. But, No. Two: Bureaucratically it’s impossible. Did you know that? I have friends that try and get their money back. They say they have to go through years of writing out forms and this and that to bring money back into the country. We’re going to make that one — like a half-a-page document. It’s going to be very easy to bring your money back in. And it’s going to be taxed at 10 percent, which is a rate that’s — it’s within reason. And so that’s one of the things we want to do. That’ll be an easy one. That’s one that — you know, it’s — when you talk about a country that’s broken or a system that’s broken, there’s something — the $5 trillion, let’s call it — that the Democrats and the Republicans agree should come back in. It’s been out there for years. Nobody ever did anything about it. I mean, Obama …“