If this is just the leading edge of a policy change to roll back taxes and reduce regulations, I am in favor. My view on taxes is, what’s sauce for the goose is sauce for the gander. If you have a tax, don’t let anybody off.
A boss once told me, the way to change a harmful rule is to force everybody to adhere to it. When adhering hurts more than changing, it will be changed. Not before.
Makes sense to me. Thankfully a President-elect does not have the power of the pen.
Get to work, Paul. Make it equal across the board. Here's your chance to prove your not a left-wing hack.
Free marketeers like me didn't have a candidate in this past election.
It’s not corporate welfare if you reduce the tax burden for all companies. I also don’t understand by reducing taxes on a business is welfare.
As Trump repeatedly complained while he was campaigning, a free market does not necessarily mean fair deals, particularly when you have incompetent government “leaders” negotiating a deal.
Tax incentives are not welfare, a-holes. Taxes are theft, particularly when the government wastes so much of our tax money.
Idiots!
It’s only welfare if you think the govt has a right to every dollar you have and allows you to keep some of it. Tax breaks are not welfare...and they were coming from Indiana. They were also out there before the deal. That was not enough
Trump made the deal by cutting regulations
What free markets?
Pence made the $7M tax break, not Trump. Trump had no power to do so. So this stupid cretin believes that states should not give tax breaks to industries they want to attract and hold?
the precise details of these (early) ad hoc Job Saving actions........ may be open to some criticism
but they DO underscore the new American policy to at least CARE about Americans losing their jobs
this is VERY VERY refreshing, especially after these last 8 years of the Democraps not giving a rats-ass-damn about American citizens
IN due course, President Trump will work out reformed trade, tax, environmental, and labor policies...etc...
that will SYSTEMIZE this concern for Americans that we should have employment opportunities and NOT be callously thrown onto the scrap-heap of economics and life
once some reasonable, more balanced systemic policies are put in place, any criticisms of ‘crony capitalism’ or ‘picking winners and losers”...etc.... should ameliorate, dissipate
Mr Trump seems very aware of the direction we need to go in.
(It remains to be seen if such as McCain/Graham/etal. will help us or not)
I’m a big supporter of protectionism in certain situations.Trade with our friends and allies (Canada,Europe,Japan and South Korea,for example) is one thing...trade with enemies like China and Mexico is an entirely different thing.
Trump, Ross and Mnuchin don’t need economic advice from bloggers, journalists and Senators who never created a single private sector job
Corporations are godless dictatorships.
Let's revive Main Street USA.
There is state income tax of about 6%. The deal with the state is to get lowered income tax by aid for not moving. Trump only gave a promise to lower federal tax and regulations. Indianapolis had to offer something to keep them from going somewhere else in the USA.
Nafta with those huge trade deficits equals free trade?
The Trump rationale for the deal would include the consideration that the US government is at fault for actively rigging the game against its own businesses and employees in favor of Wall Street connected foreign industrial and financial interests. From that perspective, the special inducements given to save jobs at Carrier are in part relief and compensation for damages previously done by the US government.
There are no absolutes. Everything has a limit, including freedom for example. We still have laws that constrain many behaviors.
But, when one is simply looking for a way to criticize, that way can always be found by acting as if things should be absolute when they never are.
Horse and buggy media in a Formula One world.
Another hatchet job by the Washington Compost. Trump didn’t give the tax right offs Indiana did & they were on the table from Pence before Trump got involved.
“The Indiana governor was offering $7 million over 10 years to encourage the company to keep in the state roughly one-third of the 2,100 jobs it planned to ship to Mexico. United Technologies would also get credit from the state for keeping 300 research and headquarters jobs that it didn’t plan to shift abroad.” http://www.wsj.com/articles/indiana-gives-7-million-in-tax-breaks-to-keep-carrier-jobs-1480608461