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Thread: Trump Carrier Deal

  1. #1
    Join Date
    Nov 1999
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    Gordon, Texas, United States
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    16,210

    Trump Carrier Deal

    Should a President (or President elect) be involved in negotiating deals with companies who are moving some of their operations outside of the country? Should a State be offering them incentives to stay? Go....

  2. #2
    Join Date
    Oct 2011
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    Dallas
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    I know Carrier from their Syracuse, New York plant where they build the heavy chillers.
    A top notch company with good pay, you do not want them moving anywhere.
    Pence is from Indiana, it looks like a favor for him & the workers there.

  3. #3
    Join Date
    May 2004
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    6,537
    Quote Originally Posted by Julie View Post
    Should a President (or President elect) be involved in negotiating deals with companies who are moving some of their operations outside of the country? Should a State be offering them incentives to stay? Go....
    Why not?
    Walk softly and carry a big stick.

  4. #4
    Join Date
    Feb 2005
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    4,095
    Incentives are the reason Austin has grown the way it has. There's not a single business that's moved to Austin without some huge incentives in the last 20+ years. Most incentives target large companies, but some are in place for small businesses that agree to hit certain hiring quotes or offer services to certain parts of the city. The state of New York has been advertising in other states that they offer some of the most agressive incentives to move business to the state. One things they offer is 10 years tax free from NY state taxes.t

    As far as who takes part... in Austin there is a board or committee that is made up of both politicians and non-politicians. So given that cities and states have been doing this for years, I guess I can't see the challenges of Pres-elect Trump getting involved. I'd have to know more about the potential issues it causes to really evaluate the situation.

    I think we could do away with incentives if we simplified taxes and regulations. It's so hard to do business in Austin. They've lost several large companies because the regulations made it impossible for the companies to hit target dates to be open and operating.

  5. #5
    Quote Originally Posted by Julie View Post
    Should a President (or President elect) be involved in negotiating deals with companies who are moving some of their operations outside of the country? Should a State be offering them incentives to stay? Go....
    Maybe it would be better if he just bought Carrier instead? He could use tax dollars for the purchase and call it a bail out. We could colloquially refer to Carrier as Government A/C or its parent company United States Technologies.

    For eight years the actual elected and inaugurated president has directly intervened in businesses on a near daily basis. He picked winners and losers. He regulated some out of existence. He subsidized others by billions of tax dollars only to have them fail spectacularly.

    Yes, by all means a competent executive should facilitate a meeting and the State and local governments should consider concessions where it makes sense.

    "...democracy must be more than what the majority insists upon."
    Barack Obama, The Audacity of Hope

  6. #6
    Join Date
    Oct 2007
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    160
    Tax incentives are not really government hand outs, it is decreasing the amount of money the government takes from the company. Which is a big part of why companies leave the USA, the government takes too much. States have been giving tax credits out for a long time, same for towns. Part of the reason Texas has grown is because it is more business friendly than some other states.

    Labor - Is not just wage per hour, unions hurt they make it hard to get the best employees.

    Strength of the Dollar - they way exchange rates work and the strength of the dollar makes it hard for US manufacturing, two ways to fix it, decrease the value of the dollar or put a charge on incoming goods.

    As far as Trump getting into this I think all politicians should be there trying to help us.

    We are the most taxed people on earth. Stop taxing us so much and stop being in a war all the time to pay for the tax relief is a pretty sound idea.
    Last edited by SonicMan; 12-07-2016 at 02:57 AM.

  7. #7
    Join Date
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    Dallas
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    Carrier is being forced to raise their prices after all, where is Gov Perry when you need him. Lure them to Texas & all will be forgiven.

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