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deminks

(11,526 posts)
Wed Nov 30, 2016, 04:17 PM Nov 2016

Report: Carrier will keep just 850 US jobs, get $700,000 a year in tax breaks [View all]

https://thinkprogress.org/trump-pence-carrier-deal-65e6bee054c9#.5gg8d4nmb

More than half the jobs will still leave the country, all while taxpayers hand Carrier a package of financial incentives.

After railing against air conditioning and heating manufacturer Carrier on the campaign trail for its announced plan to move production to Mexico — and therefore about 2,000 U.S. jobs — President-elect Donald Trump and Vice President-elect Mike Pence will announce on Thursday that they have struck a deal to keep about 1,000 of those jobs in Indiana.

But while Trump is already bragging about the deal, the details expose it as a raw one for a lot of Americans.

Fortune reports that the actual sum is even smaller. The company has pledged to keep 850 jobs in the U.S. that would otherwise have gone to Mexico, while also retaining some headquarters and engineering jobs that would have moved to Charlotte, North Carolina.

Since the company had originally put more than 2,000 at risk — 1,400 at the Indianapolis plant and 700 at the Huntington plant owned by Carrier’s parent company, United Technologies — the difference between those numbers mean that at least some production will move south of the border and more than half of the jobs will go with it. Fortune reports that 1,300 jobs will go to Mexico: 600 from the Indianapolis plant and the 700 in Huntington.

(end snip)
38 replies = new reply since forum marked as read
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The ##Trumpeffect was to give away tax $. Not much of a DEAL for IN citizens! riversedge Nov 2016 #1
MSNBC is touting it right now yeoman6987 Nov 2016 #12
$700k/year is pretty small potatoes.... VMA131Marine Nov 2016 #2
That's Where I Went, Too ProfessorGAC Nov 2016 #4
Very simple, two things stevenleser Nov 2016 #15
Still Doesn't Pay ProfessorGAC Nov 2016 #22
It sounds like they are keeping all the white collar executive jobs here that they were going to TeamPooka Nov 2016 #16
United Technologies atreides1 Dec 2016 #28
Yes, I Heard That. However. . . ProfessorGAC Dec 2016 #34
Mass spent about $200 million to get GE NewJeffCT Dec 2016 #25
MSNBC just said it is $7 million in subsidies csziggy Dec 2016 #29
That Still Seems Low But Makes More Sense Than 700k (nt) ProfessorGAC Dec 2016 #33
Over 10 years... VMA131Marine Dec 2016 #38
Yeah, but Drumpf gets to puff out his man boobs and pretend like ... 11 Bravo Nov 2016 #3
Fox News and Business channels are experiencing on-screen orgasms... yallerdawg Nov 2016 #5
yup, it was a lie that was propogated by the MSM of course. 2100 jobs were slated to go still_one Nov 2016 #6
Thanks Trump! Initech Nov 2016 #7
How fucking stupid is the media. This isn't news. Governors do this stuff all the time. RAFisher Nov 2016 #8
Campaign Issue erpowers Dec 2016 #36
how stupid do you have to be to fall for this ridiculous story Skittles Nov 2016 #9
Also, Skittles. . . ProfessorGAC Nov 2016 #10
Carrier is a fucking photo op Skittles Nov 2016 #18
Or... ProfessorGAC Nov 2016 #21
AND Carrier's parent company Are_grits_groceries Nov 2016 #11
Pretty much all companies the size of United Technologies do significant amounts of government work VMA131Marine Nov 2016 #20
This puppy was a pre arranged Wellstone ruled Nov 2016 #13
The localities and the state SickOfTheOnePct Nov 2016 #14
How so? katsy Dec 2016 #26
850 jobs SickOfTheOnePct Dec 2016 #37
Not necessarily. Some states let corporations keep their employees' state taxes. subterranean Dec 2016 #30
K & R for exposure of another Don con. nt SunSeeker Nov 2016 #17
He is not in office and Congress would have to change the tax laws treestar Nov 2016 #19
Congress has nothing to do with state/local taxes n/t SickOfTheOnePct Nov 2016 #23
OK, so this is Indiana treestar Dec 2016 #32
These things never work well in the long run. Baitball Blogger Nov 2016 #24
More and More info that comes out shows how bad this "deal" was for America. rockfordfile Dec 2016 #27
$700K is not too bad - compared to NY & other states... jmg257 Dec 2016 #31
Kinda Thought That erpowers Dec 2016 #35
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