Trump broke his promise of a 35% tariff if move jobs to Mexico-Instead gives massive tax break to Ca

[riversedge]

And now Trump will go to Indiana for a Victory speech1


Trump And Pence Bribe Carrier With Massive Taxpayer-Funded Giveaway To Score PR Win

http://www.politicususa.com/2016/11/29/huge-tax-giveaway-convinces-carrier-jobs-indiana-trump-pr-win.html

By Sean Colarossi on Tue, Nov 29th, 2016 at 8:58 pm............................

Donald Trump is expected to visit Indiana on Thursday to announce that he has struck a deal with United Technologies to keep almost 1,000 Carrier jobs in Indiana, CNBC reported.

The president-elect is likely to claim that his great dealmaking skills are responsible for making the agreement happen, but what he won’t say is that United Technologies – Carrier’s parent company – was basically bribed with taxpayer dollars to keep a few hundred jobs in Indiana – and it had nothing to do with Trump himself.

...................................

In other words, Pence served up a massive, taxpayer-funded handout to the company in order to score a short-term PR win. Trump will claim victory on Thursday when, really, it was a state-funded handout that convinced Carrier to keep some of its employees in the state.

The deal also represents a huge departure from Trump’s campaign-season rhetoric, when he repeatedly promised to take a tough stance on companies, specifically Carrier which Trump promised to penalize with a 35 percent tariff if they moved operations to Mexico.[/............

[MaeScott]

1. Anything for the PR...Thanks for the post. nt

[DetlefK]

2. How much money did it cost to keep those less than 1000 jobs in the US?

[SunSeeker]

4. A tax incentive to Carrier that will cost Indiana tax payers $700,000 PER YEAR.

Pence, as Governor of Indiana, appointed himself head of the Commission that will vote on December 10, 2016, to issue that stunning bit of corporate welfare. As Rachel Maddow noted on her show tonight, that explains why Pence wanted to hold on to his Governor job even as a Vice President Elect and even after he was appointed to head the transition.

[SickAndTiredOfRepubs]

3. Carrier has over 50,000 employees in 180 countries.

So the handout will help Carrier and a very tiny number of its employees. Of course without future handouts, say goodbye to those Indiana jobs.
https://www.carrier.com/carrier/en/us/about-us/fact-sheet/