The State of IN is letting Carrier keep their OWN MONEY instead of taxing it from them and “True Conservatives”, just like the buffoon Left, is crying “cronyism”?
Just how stupid is the “Conservative” purity choir?
They won’t be so pure and perfect when it is THEIR job that is outsourced to Mexico, illegals and h1b’s!
The tax breaks are available to Carrier not for staying, but for making new capital investments. The tax payer doesn't get a reduction in taxes on existing property, but rather a phased-in reduction on the taxes that would otherwise be payable on new property.
CORPORATIONS DON’T PAY TAXES;
THEIR CUSTOMERS DO.
It IS cronyism. They’re still offshoring over half the jobs, and for that they get rewarded with lower taxes. It’s a pure PR move, everybody gets to pretend Carrier isn’t leaving, and meanwhile they’re leaving.
You have to have the mentality all money belongs to the state to be upset. The only thing wrong is not all companies are able to get the same break.
Pray America woke
Oh, you should have heard the bitching and moaning with the state of Alabama granted similar breaks to Mercedes-Benz when they built their first assembly plant outside of Germany near Tuscaloosa, Al.
Some 20 or so years ago *NO* cars were built in Alabama. Zilch! Notta!
They’re now the 5th producer of cars in the US - Mercedes to Honda to Hyundai and maybe others.
Those original tax breaks were seeds that produced great rewards.
great and now EVERY company in Indiana should get same deal if they invest & keep/expand jobs
Yes...tax it from everybody, rinse it through corrupt state government and send some fraction back to the targeted corporations it was taken from.
A much better solution is to cut the state government by 50% and significantly reduce taxes so ALL corporations have an incentive to stay.
Different standards and deals for different people. Equal Protection out the window.
Reminds me of taxpayers subsidizing pro sports teams stadiums.
“purity choir?”
The best thing to do would be to eliminate the regulations that are making businesses non competitive in the first place.
Establishing regs and cutting breaks for buddies or others for political reasons is banana republic stuff.
Sorta goes along w/that equal protection under the law thing.