Carrier Staying in the US

[StuP]

from what I've read it looks like it wont "cost" us any tax dollars but it will give them a large tax break

Which = less tax dollars. Companies have to look to the bottom line and someone's going to pay in some way.

 

[Bennyboy]

Rush Limbaugh said it best today, it's not a tax "break", it's tax relief.

And I love how trickle down economics don't work but trickle up economics work great (according to Democrats at least).

 

[Granite3]

Just had 2 new Carrier units put in my new house.

 

[harrycalahan]

Its hard to stop a Trump Trane...

 

[moosensquirrel]

Which = less tax dollars. Companies have to look to the bottom line and someone's going to pay in some way.

Amen: if the govt does not cut spending somewhere at the same time they reduce taxes, the difference will be made up with the electronic printing press. Every dollar printed dilutes the purchasing power of the dollars in your pocket, checking, savings...any dollar denominated paper assets. It is a theft, nothing more, nothing less.

 

[Ken Ford]

What happened to all the "Never Trumpers" that so arrogantly said it was impossible for Trump to do these things???

 

[chucklenut]

 

[Tactical Chili]

So what happens when all the big companies start threatening to take whats left here out of the country? Will they all be given "tax relief"? It almost feels like blackmail on some level.

Are the job shops going to get the same breaks if they threaten to move their mills and lathes to Mexico?

I just get nervous about this stuff. Maybe I'm too dumb to understand macro economics. All i know is that someone always has to pay.

 

[Cadcom]

So what happens when all the big companies start threatening to take whats left here out of the country? Will they all be given "tax relief"? It almost feels like blackmail on some level.

Are the job shops going to get the same breaks if they threaten to move their mills and lathes to Mexico?

I just get nervous about this stuff. Maybe I'm too dumb to understand macro economics. All i know is that someone always has to pay.

You don't always have to pay from an empty pocket - you can cut spending in other places to free up that money. Like in the millions we give to foreign countries that hate our guts. Cut that type of spending in order to "pay" for tax relief that will keep Americans at work in this country. It would be nice to see this country adhere to a budget - just like everyone else frigging has to!

 

[smokie]

My only problem is ,how company's get so greedy.I understand how it all works . Even after the 7 million in tax breaks, carrier is still sending other branches of there company to Mexico .Why that's my ?