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corporate welfare vs socialism

Posted on 12/1/16 at 2:53 pm
Posted by CelticDog
Member since Apr 2015
42867 posts
Posted on 12/1/16 at 2:53 pm
Carrier gets tax breaks.

keeps half the jobs in Indiana. sends half the jobs to Mexico.

Indiana loses tax income.

is this a corporate welfare plan?




Posted by FreddieMac
Baton Rouge
Member since Jun 2010
21007 posts
Posted on 12/1/16 at 2:55 pm to
No because the gov't is always setting the conditions for business. This happens all the time from state to state. You act as if its no big deal to save 1100 people's jobs but I bet you would not bitch about giving 1100 people food stamps.
This post was edited on 12/1/16 at 2:56 pm
Posted by LSUnation78
Northshore
Member since Aug 2012
12072 posts
Posted on 12/1/16 at 2:56 pm to
Isn't half as bad as the Louisiana film credits.
Posted by TrebleHook
Member since Jun 2016
1356 posts
Posted on 12/1/16 at 2:56 pm to
They could have sent all the jobs. The income tax revenue from the jobs kept is more than the tax breaks
Posted by Old Sarge
Dean of Admissions, LSU
Member since Jan 2012
55311 posts
Posted on 12/1/16 at 2:56 pm to
You're talking out of your arse. ALL the jobs are staying in Indiana
Posted by joshnorris14
Florida
Member since Jan 2009
45222 posts
Posted on 12/1/16 at 2:57 pm to
I love the fact that Carrier will have more of the money they made to increase wages, expand production, and innovate new products! More tax relief please!
Posted by bamafan1001
Member since Jun 2011
15783 posts
Posted on 12/1/16 at 2:57 pm to
You have a fundamental misunderstanding of welfare. You live in a fantasy world
Posted by russellvillehog
Member since Apr 2016
9711 posts
Posted on 12/1/16 at 2:57 pm to
1100/1400=/=half


Also they was threatened with losing thier government defence contracts and that was the bigger deal to them.

Also the tax breaks will be nationwide and they will be able to expand instead of lay off. They may get something special in Indiana but this happens already all over the country all the time.

Also jobs=/=welfare.

Your understanding of the situation is poor.
This post was edited on 12/1/16 at 3:01 pm
Posted by VOLhalla
Knoxville
Member since Feb 2011
4421 posts
Posted on 12/1/16 at 2:58 pm to
800 jobs are staying. 1300 jobs are going to Mexico.

LINK
Posted by russellvillehog
Member since Apr 2016
9711 posts
Posted on 12/1/16 at 2:59 pm to
Trump literally said 1100 at minimum today in his speech
Posted by LSUTIGER in TEXAS
Member since Jan 2008
13610 posts
Posted on 12/1/16 at 2:59 pm to
if municipalities/states wont work with job creators, business will move to a more friendly environment.
Posted by Mars duMorgue
Sunset Dist/SF
Member since Aug 2015
2816 posts
Posted on 12/1/16 at 2:59 pm to
I'd just like to see how the "incentives" are offset by any potential economic gains.

For example, say Indiana taxpayers cough up $7 mil to save to 1,000 jobs. If, for example, those 1,000 jobs generate $10 mil in economic activity, then we may have something here.

I spend time in a state that relies HEAVILY on incentives to bring in jobs. The results, according to most of the stuff I've read, are mixed, and as a result, there's been a big taxpayer-driven push to make the state's public-private economic development organization more transparent in the way it operates.
Posted by TX Tiger
at home
Member since Jan 2004
35634 posts
Posted on 12/1/16 at 3:00 pm to
quote:

Carrier gets tax breaks.
That Pence is from Indiana is completely coincidental.
Posted by joshnorris14
Florida
Member since Jan 2009
45222 posts
Posted on 12/1/16 at 3:00 pm to
Indiana taxpayers aren't coughing up anything.
Posted by SoulGlo
Shinin' Through
Member since Dec 2011
17248 posts
Posted on 12/1/16 at 3:00 pm to
I could sell a shitty hat for $45, but I'd be much more successful and sell a lot more if the price was $20. If I make a deal with a customer to sell him a bunch at $20, am I giving him welfare?
Posted by Old Sarge
Dean of Admissions, LSU
Member since Jan 2012
55311 posts
Posted on 12/1/16 at 3:01 pm to
The wsj is not credible in this right now
Posted by Mars duMorgue
Sunset Dist/SF
Member since Aug 2015
2816 posts
Posted on 12/1/16 at 3:02 pm to
quote:

ALL the jobs are staying in Indiana

For a fact? I just watched a FOX News segment 10 minutes ago showing Huntington, IN-based Carrier workers protesting the move of their (700) jobs to Mexico.

I certainly hope you're right and FOX is wrong. Hate to see good, hard working people lose their jobs.
Posted by stat19
Member since Feb 2011
29350 posts
Posted on 12/1/16 at 3:05 pm to
You guys get real squirrely when you lose elections.

It's almost like you think you're going to be placed in a giant microwave or something.
Posted by VOLhalla
Knoxville
Member since Feb 2011
4421 posts
Posted on 12/1/16 at 3:07 pm to
The 1100 is the sum of the 800 that would've gone to Mexico and 300 jobs at the factory that weren't going anywhere.
Posted by bamarep
Member since Nov 2013
51806 posts
Posted on 12/1/16 at 3:09 pm to
Link to the tax breaks they got.


Till then, shut your suck.
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