Posted on 02/12/2016 7:54:51 AM PST by jimbo123
Although the decision to inform a workforce of 1,400 employees that they'll soon be losing their jobs to Mexico is an admirable one from the standpoint of candor, it hardly makes for a good recipe for workplace morale.
A cell phone video taken at Carrier Air Conditioner in Indianapolis shows the exact moment that the plant and union workers were told that the company had decided to shift production south of the border.
"The best way to stay competitive and protect the business for longterm is to move production from our facility in Indianapolis to Monterrey, Mexico," says the company representative at the microphone.
Although the change would not take effect until 2017, the reactions from the gathered restless crowd were telling.
(Excerpt) Read more at mediaite.com ...
But if he invested here it would
Off shoring and re importing tax free is very radical, almost unbelievable concept. If you went back only 40 years ago and said factories would close and reopen in third world countries and the poor quality products would be re imported with the old brand names on them you’d have been run out of town on a rail.
Interstate taxes and tariffs are unconstitutional.
>>Interstate taxes and tariffs are unconstitutional.
I know that. Do you not get the idea here? Make it a country instead of a state if you have to.
Is it an incentive or disincentive to open an office there?
No, I don’t get ‘your point’.
You seem to have no point as you imagine that companies that are planning to leave the US would somehow be incentivized to ‘open offices’ in the US as long as there would be no import tax. That seems like nonsense to me, not at all what one would think of as a point.
The Ford Motor Company plans to build a $2.5 Billion plant in Mexico to take advantage of cheap labor to manufacture vehicles and parts to sell back to the USA.
Donald Trump has stated that they are free to move to Mexico as they wish but as President, he will work to slap them with a 35% import tax on everything they produce in Mexico and import to the US.
Ford will cancel their plans because the advantage of cheap labor is negated by a tax.
They will also be extremely satisfied to stay in the USA when President Trump pushes through tax reform, regulatory and labor reforms.
The only valid point to be made is that right now the USA is an inhospitable place to do business, that companies are leaving in droves and something must be done about it. That something is in the form of a low 15% corporate tax rate, reduction in stifling regulations and aiding states to adopt RTW laws.
In the meantime, companies that are planning on leaving will cancel plans because of a pending tax, and this will compel them to get behind Trump’s tax reform and other reforms with full commitment, resulting in Congress passing the reforms by large margins.
Any person with business experience knows this makes total sense. Any American who desires that Americans be put first will fully support these policies.
Your little game doesn’t work because you see no difference between states and foreign countries. There in lies the problem.
bump
>>No, I don’t get ‘your point’.
It’s very simple:
Is a tax on moving employees an incentive or disincentive to create employment in the place that does so?
>>>In the meantime, companies that are planning on leaving will cancel plans because of a pending tax, and this will compel them to get behind Trump’s tax reform and other reforms with full commitment, resulting in Congress passing the reforms by large margins.
So.. correct me if I’m wrong:
He will only use it as a hammer to get them to support reduced regulation and taxes?
Do you really need a hammer for this, they’d be for it?
Is he not going do the new tax and regulation (on companies employee-moving) if they support it?
And if he’s going to do it anyway, you’ve just added new taxes and regulations and dis-incentives to doing business in America.
There’s no logic here in your scenario. Is it even in Trump’s plan - this strategy your propose? Is this his plan or what you’re proposing?
> “Is a tax on moving employees an incentive or disincentive to create employment in the place that does so?”
I guess people have to go really slow with you eh? This will be the last you get from me because dense is not worth fiddling with.
We are talking about moving factories, not employees. And the ‘mental experiment’ you suggested in a previous post is completely invalid because Texas would not be allowed to tax a company for moving out of state under the US Constitution.
So there is no answer to your question because it is nonsense. American factories moved overseas for cheap labor will lose the incentive because they will face a tax on goods coming back in. There is no ‘movement of employees’ to talk about.
Move along now. You had more than your five minutes.
>>We are talking about moving factories, not employees.
Ok. That would be a distinction without a difference.
Is a tax on moving factories an incentive or disincentive to create factories in the place that does so?
There’s no difference.
Your original post did.
That’s same we funny.I have a pickup truck that I drive that’s 13 years old but it doesn’t look that bad.
Maybe it’s something I have to look foreward to.
I agree, they could have gone non-union but that's just part of the story. It's stifling regulations and oppressive taxes imposed by the federal government that is driving businesses out of country. And who is responsible for the stifling regulations and oppressive taxes? The same democrats that the union workers loyally vote for.
More love from treasonous US corporations.
Not really. A tariff prevents dumping and allows American business to remain competitive. Armed with lower business taxes and reduced tax on on off shore money returning to the country makes for better jobs and better investment. All in all this is less regulation. I guarantee you one thing, the absolute loss of manufacturing in this country destroys the middle class and the country along with it. I am shocked that both fringes of the right and the left fail to see that. But I guess that is why we are in the mess we are in.
We are already so far gone, we have to start immediately making it financially unrewarding for companies to leave. We have to start immediately making it financially rewarding for companies to return to this country. If free trade means to some that it's okay to make everything overseas for no cost sale back here, then they fail to understand economics at all because what in the hell are folks supposed to do in order to earn the money to buy the goods?
No, but it does take a $40/hour worker to support his family while buying whatever it is that you sell.
Thanks for your reply.
Still, your solution is more government control over the economy. Less freedom, more government.
I’m a conservative, these are basic principles and I’m way too old to change them.
thanks again...
ya got it wrong honey
business is not left wing socialism
Are there any HVAC units made in the US anymore?
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