Posted on 02/13/2016 1:21:48 PM PST by Extremely Extreme Extremist
INDIANAPOLIS -- Donald Trump is weighing in on the news that Carrier is moving from Indianapolis to Mexico.
1,400 workers at the heating, cooling, air conditioning, and refrigeration company got word Wednesday that the plant was being relocated to Monterrey.
(Excerpt) Read more at theindychannel.com ...
This is simply about busting US wages down to Third World levels, and passing as much of the profits back to the suits as possible until there is almost no one left here with enough cash to buy Carrier air conditioners.
Then the Mexicans will be unemployed also.
If you’re outsourcing American jobs, I hope you do get taxed to oblivion. Patriotism over profiteering, buddy.
Net income fell 29 percent to $1.46 billion due to a big year-earlier gain from the sale of several industrial businesses.
They paid $340M in Federal taxes in 2014. A 23% tax rate.
Oh well, "Hope and Change" and all that. Oops, sorry, that was a slip. I meant "Make America Great Again."
Lots of causes identified...except, from what I’ve read, this was a union plant.
Could any of us run a business run by a union? I wouldn’t even try but that’s just me.
If you knew the difference, you wouldn't have said they paid 12%.
I’m just curious as to why you believe that?
It’s pathetic.
“One wonders what executive order he could sign that would stop this.”.........
That “EO” will be a 35% tax on any of Carriers products coming INTO the U.S., just the same a Ford and others who move there will experience.
Looks like Carrier will have to seek out the world market place for their products, their sales in the U.S. will soon take a major hit.
Another freeper whose handle involves a k-9 slang name provided that info to me I will not trust them again.
I am all for that but that may construed to be a bill of attainder.
Yes he did. So did his Boss.
This year, we have it within our power to take a major step toward a growing global economy and an expanding cycle of prosperity that reaches to all the free nations of this Earth. I'm speaking of the historic free trade agreement negotiated between our country and Canada. And I can also tell you that we're determined to expand this concept, south as well as north. Next month I will be traveling to Mexico, where trade matters will be of foremost concern. And over the next several months, our Congress and the Canadian Parliament can make the start of such a North American accord a reality. Our goal must be a day when the free flow of trade, from the tip of Tierra del Fuego to the Arctic Circle, unites the people of the Western Hemisphere in a bond of mutually beneficial exchange, when all borders become what the U.S.-Canadian border so long has been: a meeting place rather than a dividing line.--Ronald Reagan, Address Before a Joint Session of Congress on the State of the Union, January 25, 1988.
I was going to buy all new carrier equipment this coming Spring. Supposed to be good stuff. Have to talk to my heating/ac guy, cuz carrier’s out now!
So much for the workers working in plants supplying Carrier and Ford, then. But hey, to make an omelette one needs to break some eggs, right?
I guess it really all depends on your own self-interest, doesn’t it? You’re OK with company X laying off a thousand other Americans as long as you keep your own job, right? I’m sorry but any company at all that sends our jobs to foreigners is treasonous.
Reminding me of the arguments I would have with libs in various bars . . . who called me “greedy” because I opposed Obamacare.
When it comes right down to it, very few corps actually pay the highest marginal rate of 35%. I wonder what the stats are on that? Large caps and the effective tax rate.
It's just how government works: it aims at a target, and hits something else. Economists call it "unintended consequences." Protectionists deny it all exists.
I could have sworn that taxing authority rested with Congress...my bad. That was in the olden days of the Constitution.
So your solution is to let our companies fire American workers all they want to and move lock, stock and barrel overseas?
We have a different definition of patriotism.
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