Trump tax cuts lure Italy’s answer to Weight Watchers
Carb lovers rejoice. An Italian diet that promotes eating pizza, pasta, chocolate and cookies as a means of losing weight has made its way to U.S. soil – all thanks to President Donald Trump’s tax cuts.
“Trump is an emperor,” Gianluca Mech, founder of the Italiano Diet, which is known as the “Weight Watchers" of Europe,” told FOX Business’ Stuart Varney. “If you raise taxes, people go to other countries.”
And U.S. tax cuts are what prompted Mech to move his business to America from Italy.
“The American market is very attractive for foreign companies because you can gain much more if you compare the taxes we have in Italy – it’s crazy,” Mech said on “Varney & Co.”
Mech said his business would shell out roughly 50% of profits in Italy compared with 21% under the flat rate in the U.S. that Trump signed into law in December.
He said many Italian voters in the March 4 vote showed appreciation for Trump’s success in reducing taxes.
For now, Mech has a single distribution center in New York but expects to begin producing throughout the U.S. within a couple of years.