Missouri_Mike
Diamond Member
- Nov 5, 2012
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Not sure I would classify giving tax breaks as crony but I can see the point these types of deals should apply equally to everyone. I'm hoping that is the end goal for Trump but since he doesn't have the power yet to do that this one they could work at the state level and get it done. The fact is Indiana give them a tax break to stay and will still be collecting taxes from the employees and corporation far exceeding that amount. The alternative was to let carrier move as planned and collect no money at all while having an additional 1000 people thrown on the welfare rolls costing even more. That 7 million was well worth giving up.Donald Trump and Mike Pence got Carrier to stay in Pence's state of Indiana by giving them a $7 million bribe that will have to be made up for by Indiana's taxpayers.
Sarah Palin has called this the usual crony capitalism that has NOT been making America great.
So much for a level playing field, boys and girls.
I disagree with your characterization that the State of Indiana is giving them $7 million. That money was already Carrier's to begin with. It's just $7 million less that state is confiscating through the theft of taxation. There is a difference.
That said, you are correct. It is crony capitalism at its finest. We need a level playing field for all businesses across the board, not a pay for play scheme where winners and losers are chosen by central planners.