Author Topic: Trump visits Carrier plant, calls Indiana a ‘very special state’ as he announces deal to keep 1,100 jobs  (Read 1011 times)

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Offline Right_in_Virginia

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Trump visits Carrier plant, calls Indiana a ‘very special state’ as he announces deal to keep 1,100 jobs
CBS4, December 1, 2016

INDIANAPOLIS, Ind. – President-elect Donald Trump and Vice President-elect Gov. Mike Pence visited the Carrier plant on the west side of Indianapolis Thursday to announce a deal that would keep more than a thousand jobs in Indianapolis.

Trump made saving U.S. jobs one of his top campaign promises. Now CBS4 has learned that the state of Indiana has offered Carrier a $7 million tax incentive package over multiple years. Those incentives are contingent upon several factors including employment, job retention and capital investment.

Trump said Thursday that the deal would keep 1,100 jobs in Indiana and that Carrier would invest more than $16 million in the plant. Before the president-elect took the stage, Gov. Pence, the vice president-elect, spoke.

"It's a new day for manufacturing," Pence told the crowd. "Today America won... and we have Donald Trump to thank."

Pence called it a great day for working people across the state.

"We're a proud manufacturing state. We're home to low taxes, sensible regulations, great schools and roads and the best workforce in America."


Read more:   trump-and-pence-due-in-indianapolis-to-tour-carrier-plant-announce-deal-to-save-jobs

Offline Right_in_Virginia

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Michael Delauzon ‏@MichaelDelauzon 38m38 minutes ago
Trump makes good on his promise. Made the call himself. CEO to CEO made the deal. Saved jobs. Making America Great Again!

Offline jmyrlefuller

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Yes, and Carrier's still sending another 1,000 jobs from the same plant to Mexico.

He's basically getting half of what he wants and calling it a victory. Tell that to the 1,000 people about to lose their jobs.
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Offline Right_in_Virginia

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Michael Delauzon ‏@MichaelDelauzon 49m49 minutes ago
"He's gonna have a good Christmas," Trump told Mauro Rosales, a 22yr Carrier employee who immigrated from Mexico 36yrs ago:

Offline Right_in_Virginia

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Yes, and Carrier's still sending another 1,000 jobs from the same plant to Mexico.

He's basically getting half of what he wants and calling it a victory. Tell that to the 1,000 people about to lose their jobs.

You're really never going to give President-elect Trump credit.  That's too bad.   **nononono*

Offline Right_in_Virginia

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Michael Delauzon ‏@MichaelDelauzon 28m28 minutes ago
WINNING !!

Offline libertybele

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Yes, and Carrier's still sending another 1,000 jobs from the same plant to Mexico.

He's basically getting half of what he wants and calling it a victory. Tell that to the 1,000 people about to lose their jobs.

Ok, at this point in time, he maybe getting only half of what he wants, but its better than losing it all ... and he hasn't even been sworn in yet!
« Last Edit: December 01, 2016, 10:51:53 pm by libertybele »
Romans 12:16-21

Live in harmony with one another; do not be haughty, but associate with the lowly, do not claim to be wiser than you are.  Do not repay anyone evil for evil, but take thought for what is noble in the sight of all.  If it is possible, so far as it depends on you, live peaceably with all…do not be overcome by evil, but overcome evil with good.

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Welcome to the land of Crony Capitalism

Offline Suppressed

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And the taxpayers are LOSING!

Choosing winners and losers. Using taxes to prop up certain businesses by giving breaks to some but not others. Government directing a business, punishing them if they don't invest.

Am I speaking of Mussolini or Trump?

Both, except Benito's was called "Fascist Economics" and Trump's is "Crony Capitalism".
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Offline guitar4jesus

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Offline beandog

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The Donald didn't keep the jobs here, the tax payers of Indiana are paying through the nose to keep the jobs here. **nononono*

Online corbe

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  Meet the New boss, same as the old Boss.

No government in the 12,000 years of modern mankind history has led its people into anything but the history books with a simple lesson, don't let this happen to you.

HonestJohn

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Yes, and Carrier's still sending another 1,000 jobs from the same plant to Mexico.

He's basically getting half of what he wants and calling it a victory. Tell that to the 1,000 people about to lose their jobs.

And it's costing the taxpaying citizens of Indiana $7 million for the priveledge of only losing 1,000 jobs.  $7 million plus the cost of unemployment for those 1,000.


HonestJohn

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  Meet the New boss, same as the old Boss.



Funny how those that despised Obama for this wanted this.

What made it 'bad' when Obama did it, if crony capitalism is what they wanted?

Online Hoodat

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You're really never going to give President-elect Trump credit.  That's too bad.   **nononono*

Did you give Obama credit when he picked winners and losers too?
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Offline Maj. Bill Martin

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Did you give Obama credit when he picked winners and losers too?

That's an unfair comparison.

This isn't Solyndra.  These are not subsidies or handouts, picking a favored industry or business and then showering them with money in the hopes they one day become viable on their own.  That's what Obama did, and he did it with federal tax dollars.

These are tax breaks to a successful, viable company, which means that Carrier will just have to pay a bit less tax on its profits than it might otherwise.  So it's not giving the company money, but rather taking less from it.  Nor does it mean that the people of Indiana must "make up the difference" because absent this move, Indiana would be getting zero tax payments from Carrier, nor would the now-unemployed Carrier workers be paying any more payroll taxes.  This deal actually saved the State of Indiana and its taxpayers a lot of money.

On top of that, he wasn't tossing them your tax dollars.  This money came from a pre-existing tax incentive program from the State of Indiana, which apparently had been offered previously but turned down by Carrier.  The difference this time was Trump apparently mentioned that Carrier's parent company, UT, had billions of dollars in federal contracts, and perhaps might like to keep them.

And I'd add that it is a profoundly Democrat, progressive idea to equate a tax cut with a handout.  Why so many people on here are making those two things equivalent is a bit of a mystery.
« Last Edit: December 02, 2016, 12:08:03 am by Maj. Bill Martin »

Online Hoodat

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That's an unfair comparison.

This isn't Solyndra.  These are not subsidies or handouts, picking a favored industry or business and then showering them with money in the hopes they one day become viable on their own.  That's what Obama did, and he did it with federal tax dollars.

It is still picking winners and losers, any way you look at it.  The playing field is not level here.  Trump is playing favorites with Carrier just like Obama did with Caterpillar.

Why should our government encourage Carrier to sell A/C units at a loss?  How long can they sustain doing that?  How is that balanced out?  What is the quid pro quo?


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Offline Rivergirl

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Indiana, where Pence promised to hold the line for Ted Cruz.  All the while the snake was holding the line for Agent Orange.

Online corbe

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That's an unfair comparison.

This isn't Solyndra.  These are not subsidies or handouts, picking a favored industry or business and then showering them with money in the hopes they one day become viable on their own.  That's what Obama did, and he did it with federal tax dollars.

    Gov. Pence is doing it with STATE tax dollars, some poor schmuch in his state is gonna have to make up the difference in Taxes/Fees.

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  The difference this time was Trump apparently mentioned that Carrier's parent company, UT, had billions of dollars in federal contracts, and perhaps might like to keep them.


   How is that NOT picking Winners and Losers?


No government in the 12,000 years of modern mankind history has led its people into anything but the history books with a simple lesson, don't let this happen to you.

Offline Chosen Daughter

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You're really never going to give President-elect Trump credit.  That's too bad.   **nononono*

What is too bad is that Trump is making private deals with big corporations.  This company has tried this before.  Pence gave them in 2011-2013 1.7 million to stay.  It wasn't enough and they reneged on the deal.  Pence demanded most of the tax breaks back and he got them.  But Trump just made this deal and it will be funded by the taxpayers without a Federal Guarantee.  Big corporations are holding states ransom for bigger money or leaving.  Some are working one state against another.

http://finance.yahoo.com/news/what-just-happened-with-carrier-is-crazy-223106708.html
AG William Barr: "I'm recused from that matter because one of the law firms that represented Epstein long ago was a firm that I subsequently joined for a period of time."

Alexander Acosta Labor Secretary resigned under pressure concerning his "sweetheart deal" with Jeffrey Epstein.  He was under consideration for AG after Sessions was removed, but was forced to resign instead.

Online Hoodat

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If a political party does not have its foundation in the determination to advance a cause that is right and that is moral, then it is not a political party; it is merely a conspiracy to seize power.

-Dwight Eisenhower-


"The [U.S.] Constitution is a limitation on the government, not on private individuals ... it does not prescribe the conduct of private individuals, only the conduct of the government ... it is not a charter for government power, but a charter of the citizen's protection against the government."

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