| Bandorr said: It is concerning to a point. Donald Trump has made it so obvious this is goal is "keep jobs in america" that you start to wonder "at what cost". I mean this was pretty much win win for Carrier. They either move the jobs away and save money - or they get bribed with tax credits to stay. So pretty much as long as a company is willing to move their jobs they can just threaten to do so and get bribed to stay. It does not set a good precedent. |
This is universal , every form of Government does it federal , state cities , local councils, the costs and type of benefit varies but it's happens ,it might mean cheaper electricity for a large smelter , payroll tax exemptions spending on certain infrastructure the list is endless ,The state I live in Australia Tasmania has a large aluminium smelter but the bauxite is shipped from far north Queensland about 3 to 4,000 km away , this is made viable by cheap Hydro electricity contracts , they used to use a third of the states total ouput now through new tech down to a quarter, but only account for 10% of income at the same time the jobs went from thousands down to around 600 , it is a dog eat dog world out there.
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