There is absolutely ZERO GAIN from this deal.
See above.
There is absolutely ZERO GAIN from this deal.
See above.
No offense, but in this thread, it seems you are struggling with mathematic reality.
That is only if Carrier pays ZERO in taxes after the 7 million tax cut. If Carrier is still paying taxes, the state loses those tax dollars if Carrier leaves.
And the government is not saving paying Carrier 7 million. They donât ever pay Carrier. They reduce their tax burden by 7 million.
Tax break = excusing them from $7 million.
Ah sorry. I thought it was a bailout type deal.
Excusing Carrier from $7 million in taxes is still taking $7 million more from government income.
Yeah. Not paying them 7 million dollars.
Jeff, they are LOSING jobs in the US and getting a tax break. How is that gaining anything?
Gotcha. Thanks for clarifying.
Jeff - if you reduce that 7 million to dollars per employee per minute worked itâs nothing really. Never be missed at all in FACT.
You are still paying the unemployed because there are still unemployed people.
DERP
Huh?
That may be true but that still doesnât signify a gain in the face of loss.
Thanks for coming out.
So what do you call the loss of 600 jobs and a $7 mil tax break?
Why do Cons take such glee in Corporate Welfare, I thought Republicans were all about free trade, sink or swim?
In business, 10 years from now is 9 1/2 years beyond fiscal sight. No one knows what will happen between now and then. All expenditures need to pay dividends in 6 months or the deal donât go down - theatrical stunts notwithstanding, of course.
Really - you know what the cloudâs formations will be 10 years from now? BULLSHIT
How come all of these fancy pants prognosticators are always getting it wrong? The only thing they get right is that if they write a book youâll buy it an believe every word. Thank gods for the gullible, they say.
Jeff, you are getting confused. It doesnât matter how much it works out to be per employer per year. That calculation is absolutely moot.
When you are giving a tax break to a corporation, you are excusing them from paying money in the form of taxes. In this case, Carrier is being excused from paying the government $7 million dollars. That means the government is not making $7 million dollars it would have normally have been making. Thatâs a $7 million dollar loss in tax revenue from Carrier.
On top of that, Carrier laying off 600 people means they are no longer paying taxes so they are losing that annual taxation revenue as well.
Loss plus loss doesnât equal net gain. Iâll show you in simple terms:
Loss + Loss = LOSS
You also cannot say what would happen under the democratic plan because the democrats arenât in power and have no dog in this race.
How many unneeded Weapons Systems sales is United Technologies getting out of this deal?
Youâre not a math guy are you?
You seem to just be throwing numbers out that donât seem to have much relationship to thread discussion. Why is that?
The plant that Carrier built will probably be taken over by a Chinese Company, that will probably put Carrier out of business anyway.