If you harass business, you lose business - and good jobs

Trump is right that if you harass business with bureaucracy, regulations and taxes, you lose business - and good jobs.

Keep in mind that regulations and bureaucracy are friction and taxing business reduces investment - vote accordingly.

Here is an excerpt from Thomas Sowell's "Basic Economics".
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It is not just corruption but also sheer bureaucracy which can stifle economic activity.  Even one of India's most spectacularly successful industrialists, Aditya Birla, found himself forced to look to other countries in which to expand his investments, because of India's slow-moving bureaucrats.

With all his successes, there were heartbreaks galore.  One of them was the Mangalore refinery, which Delhi's bureaucrats took eleven years to clear - a record even by the standards of the Indian bureaucracy.  While both of us were waiting for a court to open up at the Bombay Gymkhana one day, I asked Aditya Birla what had led him to invest abroad.  He had no choice, he said, in his deep unaffected voice.  There were too many obstacles in India.  To begin with, he needed a license, which the government would not give because the Birlas were classified as "a large house" under the MRTP (Monopolies and Restrictive Trade Practices) Act.  Even if he did get one miraculously, the government would decide where he should invest, what technology he must use, what was to be the size of his plant, how it was to be financed - even the size and structure of his public issue.  Then he would have to battle the bureaucracy to get licenses for the import of capital goods and raw materials.  After that, he faced dozens of clearances at the state level - for power, land, sales trax, excise, labor, among others.  "All this takes years, and frankly, I get exhausted just thinking about it."

This head of 37 companies with combined sales in the billions of dollars - someone capable of creating many much-needed jobs in India - ended up producing fiber in Thailand, which was converted to yarn in his factory in Indonesia, after which this yarn sws exported to Belgium, where it wass woven into carpets - which were then exported to Canada.  All the jobs, incomes, auxiliary business opportunities, and taxes from which India could have benefited were lost because of the country's own bureaucracies.

A survey by the World Bank found that the number of days required to start a new business ranged from less than ten in prosperous Sinngapore to 155 days in poverty-stricken Congo.