No. These types of investments don’t simply wash away - they go to building long term value for the corporations that make them, which creates good jobs, demand

No. These types of investments don’t simply wash away - they go to building long term value for the corporations that make them, which creates good jobs, demand for housing, etc. Further, as long as this tax plan remains in place, corporations will continue to allow international profits to flow back into the US. Even if Trump is unseated in the next election, given the positive reaction among corporations to his tax plan, it may be politically impossible for the next Administration to return to punitive tax rates despite their predilection for them.