That said, let’s hope this tactic is at most a temporary stop gap.
The taxation rules should be broad and uniform. Special breaks for the favored are detrimental to allowing efficient operation and overall growth. Government should not be in the business of picking favorites and I,pending their competitors.
Taxation in general should be lowered. This doesn’t work well with set-asides and special breaks.
How do you make taxation uniform in the business world? What all these that appear to be all for taxation and think Carrier got special treatment, miss what is the real tax tool. Regulations. And these regulations are done specifically to favor politicians big packed donors. So if you really are for ‘broad and uniform’ taxation then look at the whole picture and NOT a measly 7 million dollars, Carrier secured on behalf of a 1,000 employees. What would the ‘tax’ burden be on the people of Indiana if any portion of these 1,000 (and families) cannot find a new job?
Besides Carrier committed to revamping the plant starting at a 16 million dollar investment... What would the tax loss be to Indiana IF a 1,000 employees file for unemployment benefits?
Where is the whole story? 7 Million over 10 years equals 700,000 per year. in addition Carrier hs promised to invest 16,000,000 and increase to 10,000 jobs. Think about the economic power flowing into the local government because of those 1100 jobs. Ye Gods! How can nyonbe be so stupid as to criticize a great deal. Time for those critters to enroll in economics 101.
Another “Conservative” complaining about a tax cut. This is rich.