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To: nickedknack

I’m reserving judgement until we see exactly what the announced but unspecified economic incentives from Indiana for Carrier will cost - these sorts of arrangements have a nasty habit of turning into a situation where state or local government “buys” job security at a very high cost per job in the form of tax breaks or the like, and then the employer never creates the promised jobs, or “discovers” a few years later that the plant has to be closed anyway.

Foe example, here in Illinois:

http://www.chicagotribune.com/news/watchdog/ct-illinois-corporate-tax-breaks-met-20151002-story.html

And Carrier has a history with this, a few years back, they received a five milion dollar Advanced Manufacturing Tax Credit grant specifically targeted to keep jobs in the US:

http://www.nationalreview.com/article/431248/stimulus-funded-green-manufacturing-carrier-plant-indianapolis-closes-shop


65 posted on 11/30/2016 2:16:07 PM PST by M. Dodge Thomas
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To: M. Dodge Thomas

Oh so now “Conservatoires” are against tax cuts. Sheesh. GloBULLism is a disease.


67 posted on 11/30/2016 3:58:36 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
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