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Link Posted: 12/3/2016 1:12:22 AM EDT
[#1]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
I thought that was how it was supposed to work?  A business wants to go to greener pastures, so you have to gvie them a reason to stay.  Pretty much every type of relationship is give and take.
View Quote

If you're making changes across the board, lower corp tax rate, decreased intrusive regulations, etc, then yeah.  Handing out favors to one company? Not so much.  Not saying this is one or the other.  We'll see.
Link Posted: 12/3/2016 1:20:57 AM EDT
[#2]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


Yes, but the money paid out comes from returns on a $40b sovereign wealth fund.
View Quote


Never looked into it. What funds the fund?
Link Posted: 12/3/2016 11:11:38 AM EDT
[#4]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


ITT we find many who never read the OP ED.

SHE NEVER SAID THE DEAL WAS "CRONY CAPITALISM"

It's like some of you guys slept through the election and just believe everything you read in any headline posted anywhere.
View Quote

^^ this.  Reading is for suckers. 

Here's what she said:

I am ecstatic for Carrier employees! Their bosses just decided to keep shop onshore. What a relief for hundreds of workers. Merry Christmas Indiana!
We don’t yet know terms of the public/private deal that was cut to make the company stay, but let’s hope every business is equally
incentivized to keep Americans working in America.
Foundational to our exceptional nation’s sacred private property rights, a business must have freedom to locate where it wishes. In a
free market, if a business makes a mistake (including a marketing
mistake that perhaps Carrier executives made), threatening to move
elsewhere claiming efficiency’s sake, then the market’s invisible hand
punishes. Thankfully, that same hand rewards, based on good business decisions.
But this time-tested truth assumes we’re operating on a level playing field.
When government steps in arbitrarily with individual subsidies, favoring one business over others, it sets inconsistent, unfair,
illogical precedent. Meanwhile, the invisible hand that best
orchestrates a free people’s free enterprise system gets amputated.
Then, special interests creep in and manipulate markets. Republicans
oppose this, remember? Instead, we support competition on a level
playing field, remember? Because we know special interest crony
capitalism is one big fail.
Politicians picking and choosing recipients of corporate welfare is railed against by fiscal conservatives, for it’s a hallmark of
corruption. And socialism. The Obama Administration dealt in it in
spades. Recall Solyndra, Stimulus boondoggles, and all their other
taxpayer-subsidized anchors on our economy. A $20 trillion debt-ridden
country can’t afford this sinfully stupid practice, so vigilantly guard
against its continuance, or we’re doomed.
Reaganites learned it is POLICY change that changes economic trajectory. Reagan’s successes were built on establishing a fiscal
framework that invigorated our entire economy, revitalized growth and
investment while decreasing spending, tax rates, over-reaching
regulations, unemployment, and favoritism via individual subsidies. We
need Reaganites in the new Administration.
However well meaning, burdensome federal government imposition is never the solution. Never. Not in our homes, not in our schools, not in
churches, not in businesses.
Gotta’ have faith the Trump team knows all this. And I’ll be the first to acknowledge concerns over a deal cut by leveraging taxpayer
interests to make a manufacturer stay put are unfounded – once terms are made public.
But know that fundamentally, political intrusion using a stick or carrot to bribe or force one individual business to do what politicians
insist, versus establishing policy incentivizing our ENTIRE ethical
economic engine to roar back to life, isn’t the answer. Cajole only
chosen ones on Main St or Wall St and watch lines stretch from
Washington to Alaska full of businesses threatening to bail unless
taxpayers pony up. The lines strangle competition and really, really,
dispiritingly screw with workers’ lives. It’s beyond unacceptable, so
let’s anticipate equal incentivizes and positive reform all across the
field – to make the economy great again.
-Sarah Palin
Link Posted: 12/3/2016 11:16:32 AM EDT
[#5]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

Quite the opposite.  Oil companies used to be taxed according to the volume of their production.  Palin changed it so they were taxed on their profits.  When oil went to $144/bbl in 2008, it led to AK having a massive windfall it would have missed out on under the old tax scheme.  She disbursed the resulting revenues in the form of a special one time $2500 dividend for every resident of the state.

She was wildly popular before John McCain picked her for VP.
View Quote
Oil companies can't leave.  They have to drill where the oil is.
Link Posted: 12/3/2016 11:21:45 AM EDT
[#6]



Only one company got these tax breaks, not all companies. Government picking winners and losers......again. It will just encourage other companies to claim they are moving, so they can get special treatment.

Hint for Trump and Pence. Do it for all companies. Do not pick which ones you want to save. We have had this for too long.
Link Posted: 12/3/2016 11:26:26 AM EDT
[#7]
I just don't see her as the Secretary of the VA. Sorry, but she seems to have the crazy and it shows itself at the worst possible times. I would not consider her a reliable appointee.

Link Posted: 12/3/2016 11:29:17 AM EDT
[#8]
I bet the thousand workers that can still feed their families could care less about the deal that kept their jobs. Better than paying for them via unemployment or welfare.
Link Posted: 12/3/2016 11:35:02 AM EDT
[#9]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Another Indianapolis based company is moving to Mexico but they didn't get offered a deal.

They probably don't have $6 billion in federal contracts either.
View Quote


That is part of why I oppose what happened.   This is special treatment.  Instead of what happened, lower corporate taxes and reduce regulations so US companies want to stay here.

I am tired of seeing products that I but being made in China or Mexico when they can be made here.
Link Posted: 12/3/2016 11:40:47 AM EDT
[#11]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

That is part of why I oppose what happened. This is special treatment.  Instead of what happened, lower corporate taxes and reduce regulations so US companies want to stay here.

I am tired of seeing products that I but being made in China or Mexico when they can be made here.
View Quote

The Mexican government is offering incentives to Carrier to move. 
This is war.  The Mexicans are shooting with incentives.  Why shouldn't the US government shoot back? 
Link Posted: 12/3/2016 11:42:42 AM EDT
[#12]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


You might want to actually read her OP ED and not someone else interpretation.

Just Sayin.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:


You might want to actually read her OP ED and not someone else interpretation.

Just Sayin.

When government steps in arbitrarily with individual subsidies, favoring one business over others, it sets inconsistent, unfair, illogical precedent. Meanwhile, the invisible hand that best orchestrates a free people’s free enterprise system gets amputated. Then, special interests creep in and manipulate markets. Republicans oppose this, remember? Instead, we support competition on a level playing field, remember? Because we know special interest crony capitalism is one big fail.





Politicians picking and choosing recipients of corporate welfare is railed against by fiscal conservatives, for it’s a hallmark of corruption. And socialism. The Obama Administration dealt in it in spades. Recall Solyndra, Stimulus boondoggles, and all their other taxpayer-subsidized anchors on our economy. A $20 trillion debt-ridden country can’t afford this sinfully stupid practice, so vigilantly guard against its continuance, or we’re doomed.


http://www.youngcons.com/sarah-palin-but-wait-the-good-guys-wont-win-with-more-crony-capitalism/
Link Posted: 12/3/2016 11:48:39 AM EDT
[#13]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
I don't know the details on the carrier deal.

I'm pissed at our former governor Perry. Motherfucker's campaign to bring California business here worked.
Now we are swimming in Cali scum.
View Quote


I have been warning of this for some time now. Silicon Valley escaped the South Bay due to excessive cost. Trouble is, they brought their politics wherever they went. Austin and Boise got treated to severe blue shift. Great for business for the short term but they will infect politics at every level and Californicate the place in less than a generation.

All those who say it can't happen to Texas, look at any state map and note how the small concentrated blue parts control the politics of the rest.
Link Posted: 12/3/2016 11:50:03 AM EDT
[#14]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Another Indianapolis based company is moving to Mexico but they didn't get offered a deal.

They probably don't have $6 billion in federal contracts either.
View Quote




This
Link Posted: 12/3/2016 12:04:49 PM EDT
[#15]
It's pretty simple if the globalist policies are unwound and and the cost of doing business in this country fall and doing them in other countries increases then manufacturers will stay.
The american government needs to focus on the economy again and the economy and wall street are two different things.
For too long it has been the government's job to make wall street wealthy at the cost of the people.  
The real number of unemployed americans is over 40% now and the american people are still getting excited at the fake news reports of less than 5%.
We allowed the hippies to dumb down the education system to the level of retardation that our population is now unable to think and is easily manipulated.
If DT hadn't won I was closing my business and retiring and may have even gone the expat route. Now I am expanding and hiring. So DT is already creating new jobs.
Link Posted: 12/3/2016 12:11:58 PM EDT
[#16]
Discussion ForumsJump to Quoted PostQuote History
Quoted:



In NYS all they do is give breaks and PILOT programs.  Our local mall developer got a better deal on tax breaks than carrier
View Quote

Link Posted: 12/3/2016 12:21:57 PM EDT
[#17]
This has been what is coming off of the fax machines by Leftist Trolls and Nevertrumpers as of late.  = attack the carrier deal.

Look you irrelevant bitch:  the deal isn't perfect, he has 48? days until he is even in office.  He has done more in the last 3 weeks to help this country than Obama did in 8 years, what did you think Hillary would do?  Zip It.

until the slew of convoluted tax code, EPA regs and the such pushing companys out of the US get fixed/repealed there isn't much he can do.  He pulled and platyed a card he had.

You want .gov contracts?  Keep your jobs here.  Great precedent.  its the way it should be in the first place.

He sent a clear message to the rest that
A) he'll play ball.
B) Keep you jobs here.

Palin needs to FOAD,  stick to buddying wth her "maverick" lol buddy McCain  or post Tits.
Link Posted: 12/3/2016 1:09:53 PM EDT
[#18]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Another Indianapolis based company is moving to Mexico but they didn't get offered a deal.

They probably don't have $6 billion in federal contracts either.
View Quote

Trump proved that American Jobs can stay in America if you have a favorable tax policy that creates a pro business environment. Trump is not President yet, Ence is Governor of Indiana. 

The majority of businesses that leave the US is because of three factors. Profit motivation, tax policy, and regulatory requirements. A lot of the regulations cost businesses money. Taxes are self explanatory.

If you set it up in such a manner that businesses don't have to send their profits on taxes and regulations, they'll expand their business in the US. Especially if you set it uo that punishes a business for moving production overseas. 

NAFTA allowed American Companies to move production to Mexico and pay an overall lower regulatory fee and taxes while being able to import without paying a tariff.

If you set it up to where it is cheaper to do business in the US than overseas. They'll stay Stateside. Hence why Toyota builds their trucks in the US. Import Tariffs made it more economical for them to build in America than import from Japan. Thank the Chicken Tax.
Link Posted: 12/3/2016 8:46:50 PM EDT
[#19]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Palin needs to FOAD,  stick to buddying wth her "maverick" lol buddy McCain  or post Tits.
View Quote


No she does not.  If you read her comments, she is 100% correct.
Link Posted: 12/3/2016 9:02:18 PM EDT
[#20]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Crony capitalism would be pay for play. She literally does not know what it is its just a buzzword she heard online.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Crony capitalism would be pay for play. She literally does not know what it is its just a buzzword she heard online.



Maybe you should publish your personal definition of it so Palin and others don't have to rely on reality to define something.

Crony Capitalism definition

Crony capitalism is a term describing an economy in which success in business depends on close relationships between business people and government officials. It may be exhibited by favoritism in the distribution of legal permits, government grants, special tax breaks, or other forms of state interventionism.

Link Posted: 12/3/2016 9:13:21 PM EDT
[#21]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


I'd seriously doubt anyone with any intelligence wants her for any job. I like her, but she's a quitter.
View Quote


Which shows how little you know about anything.
Link Posted: 12/3/2016 9:19:45 PM EDT
[#22]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

Palin needs to FOAD,  stick to buddying wth her "maverick" lol buddy McCain  or post Tits.
View Quote


Dude,

Would it have really hurt to actually read her OP ED and comment on that instead of the MSM headline designed to sow discord??

Seriously, we are supposed to be smarter and put in a bit more effort than the Libtards.
Link Posted: 12/3/2016 9:21:14 PM EDT
[#23]
If this is crony capitalism, sign me up.

Link Posted: 12/3/2016 10:44:26 PM EDT
[#24]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


Never looked into it. What funds the fund?
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:


Yes, but the money paid out comes from returns on a $40b sovereign wealth fund.


Never looked into it. What funds the fund?

Royalties on profits made from selling our oil.
Link Posted: 12/3/2016 10:46:01 PM EDT
[#25]
double tap
Link Posted: 12/3/2016 10:53:25 PM EDT
[#26]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
Quoted:


You might want to actually read her OP ED and not someone else interpretation.

Just Sayin.

When government steps in arbitrarily with individual subsidies, favoring one business over others, it sets inconsistent, unfair, illogical precedent. Meanwhile, the invisible hand that best orchestrates a free people’s free enterprise system gets amputated. Then, special interests creep in and manipulate markets. Republicans oppose this, remember? Instead, we support competition on a level playing field, remember? Because we know special interest crony capitalism is one big fail.Politicians picking and choosing recipients of corporate welfare is railed against by fiscal conservatives, for it’s a hallmark of corruption. And socialism. The Obama Administration dealt in it in spades. Recall Solyndra, Stimulus boondoggles, and all their other taxpayer-subsidized anchors on our economy. A $20 trillion debt-ridden country can’t afford this sinfully stupid practice, so vigilantly guard against its continuance, or we’re doomed.


http://www.youngcons.com/sarah-palin-but-wait-the-good-guys-wont-win-with-more-crony-capitalism/

Why is it you never use the complete exact comment when you make your BS claims?

Here's what she said:

I am ecstatic for Carrier employees! Their bosses just decided to keep shop onshore. What a relief for hundreds of workers. Merry Christmas Indiana!
We don’t yet know terms of the public/private deal that was cut to make the company stay, but let’s hope every business is equally
incentivized to keep Americans working in America.
Foundational to our exceptional nation’s sacred private property rights, a business must have freedom to locate where it wishes. In a
free market, if a business makes a mistake (including a marketing
mistake that perhaps Carrier executives made), threatening to move
elsewhere claiming efficiency’s sake, then the market’s invisible hand
punishes. Thankfully, that same hand rewards, based on good business decisions.
But this time-tested truth assumes we’re operating on a level playing field.
When government steps in arbitrarily with individual subsidies, favoring one business over others, it sets inconsistent, unfair,
illogical precedent. Meanwhile, the invisible hand that best
orchestrates a free people’s free enterprise system gets amputated.
Then, special interests creep in and manipulate markets. Republicans
oppose this, remember? Instead, we support competition on a level
playing field, remember? Because we know special interest crony
capitalism is one big fail.
Politicians picking and choosing recipients of corporate welfare is railed against by fiscal conservatives, for it’s a hallmark of
corruption. And socialism. The Obama Administration dealt in it in
spades. Recall Solyndra, Stimulus boondoggles, and all their other
taxpayer-subsidized anchors on our economy. A $20 trillion debt-ridden
country can’t afford this sinfully stupid practice, so vigilantly guard
against its continuance, or we’re doomed.
Reaganites learned it is POLICY change that changes economic trajectory. Reagan’s successes were built on establishing a fiscal
framework that invigorated our entire economy, revitalized growth and
investment while decreasing spending, tax rates, over-reaching
regulations, unemployment, and favoritism via individual subsidies. We
need Reaganites in the new Administration.
However well meaning, burdensome federal government imposition is never the solution. Never. Not in our homes, not in our schools, not in
churches, not in businesses.
Gotta’ have faith the Trump team knows all this. And I’ll be the first to acknowledge concerns over a deal cut by leveraging taxpayer
interests to make a manufacturer stay put are unfounded – once terms are made public.
But know that fundamentally, political intrusion using a stick or carrot to bribe or force one individual business to do what politicians
insist, versus establishing policy incentivizing our ENTIRE ethical
economic engine to roar back to life, isn’t the answer. Cajole only
chosen ones on Main St or Wall St and watch lines stretch from
Washington to Alaska full of businesses threatening to bail unless
taxpayers pony up. The lines strangle competition and really, really,
dispiritingly screw with workers’ lives. It’s beyond unacceptable, so
let’s anticipate equal incentivizes and positive reform all across the
field – to make the economy great again.
-Sarah Palin
Link Posted: 12/3/2016 10:57:01 PM EDT
[#27]
Discussion ForumsJump to Quoted PostQuote History
Quoted:


No she does not.  If you read her comments, she is 100% correct.
View Quote


Pure idiocy being posted in this thread.  It's like reading liberal people's YouTube comments.  

People.  Read the damn statement.  She is correct.
Link Posted: 12/4/2016 6:00:52 AM EDT
[#28]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

Why is it you never use the complete exact comment when you make your BS claims?

Here's what she said:

I am ecstatic for Carrier employees! Their bosses just decided to keep shop onshore. What a relief for hundreds of workers. Merry Christmas Indiana!
We don’t yet know terms of the public/private deal that was cut to make the company stay, but let’s hope every business is equally
incentivized to keep Americans working in America.
Foundational to our exceptional nation’s sacred private property rights, a business must have freedom to locate where it wishes. In a
free market, if a business makes a mistake (including a marketing
mistake that perhaps Carrier executives made), threatening to move
elsewhere claiming efficiency’s sake, then the market’s invisible hand
punishes. Thankfully, that same hand rewards, based on good business decisions.
But this time-tested truth assumes we’re operating on a level playing field.
When government steps in arbitrarily with individual subsidies, favoring one business over others, it sets inconsistent, unfair,
illogical precedent. Meanwhile, the invisible hand that best
orchestrates a free people’s free enterprise system gets amputated.
Then, special interests creep in and manipulate markets. Republicans
oppose this, remember? Instead, we support competition on a level
playing field, remember? Because we know special interest crony
capitalism is one big fail.
Politicians picking and choosing recipients of corporate welfare is railed against by fiscal conservatives, for it’s a hallmark of
corruption. And socialism. The Obama Administration dealt in it in
spades. Recall Solyndra, Stimulus boondoggles, and all their other
taxpayer-subsidized anchors on our economy. A $20 trillion debt-ridden
country can’t afford this sinfully stupid practice, so vigilantly guard
against its continuance, or we’re doomed.
Reaganites learned it is POLICY change that changes economic trajectory. Reagan’s successes were built on establishing a fiscal
framework that invigorated our entire economy, revitalized growth and
investment while decreasing spending, tax rates, over-reaching
regulations, unemployment, and favoritism via individual subsidies. We
need Reaganites in the new Administration.
However well meaning, burdensome federal government imposition is never the solution. Never. Not in our homes, not in our schools, not in
churches, not in businesses.
Gotta’ have faith the Trump team knows all this. And I’ll be the first to acknowledge concerns over a deal cut by leveraging taxpayer
interests to make a manufacturer stay put are unfounded – once terms are made public.
But know that fundamentally, political intrusion using a stick or carrot to bribe or force one individual business to do what politicians
insist, versus establishing policy incentivizing our ENTIRE ethical
economic engine to roar back to life, isn’t the answer. Cajole only
chosen ones on Main St or Wall St and watch lines stretch from
Washington to Alaska full of businesses threatening to bail unless
taxpayers pony up. The lines strangle competition and really, really,
dispiritingly screw with workers’ lives. It’s beyond unacceptable, so
let’s anticipate equal incentivizes and positive reform all across the
field – to make the economy great again.
-Sarah Palin
View Quote

Because we are not supposed to post the entire article from a website with copywrited material.
Link Posted: 12/4/2016 6:14:33 AM EDT
[#29]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
I don't know, it was the first time I was up there and you could have told me to look across the ocean and you can see Russia!  I would not have known any better!
View Quote

You CAN see Russia from the US at the Diomede islands.
Link Posted: 12/4/2016 6:15:56 AM EDT
[#30]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
I guess she doesn't want the Veterans Affairs position.
View Quote

Link Posted: 12/4/2016 6:26:59 AM EDT
[#31]
I don't think Trump gives a shit whether people call it crony capitalism or not.  In his mind it's a deal and Americans came out ahead, so all is well.

Comparing the taxpayer burden in retaining those jobs to the billions that have spent by Obama losing hundreds of thousands of others, I prefer Trump's approach.
Link Posted: 12/4/2016 6:30:28 AM EDT
[#32]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

You CAN see Russia from the US at the Diomede islands.
View Quote


I was on neither one of those islands

Link Posted: 12/4/2016 6:40:51 AM EDT
[#33]
Discussion ForumsJump to Quoted PostQuote History
Quoted:
I don't think Trump gives a shit whether people call it crony capitalism or not.  In his mind it's a deal and Americans came out ahead, so all is well.

Comparing the taxpayer burden in retaining those jobs to the billions that have spent by Obama losing hundreds of thousands of others, I prefer Trump's approach.
View Quote

Yay for socialism!*

*As long as it's my guy doing it...
Link Posted: 12/4/2016 6:58:57 AM EDT
[#34]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

Yay for socialism!*

*As long as it's my guy doing it...
View Quote

Trump didn't run for President to separate government from business, he ran to make the relationship work like it's supposed to.  They will never, ever be separate... because government is inexorably tied to taxes, taxes inexorably tied to income (whether it's termed an "income tax" or not), and income is inexorably tied to business.  Giving companies tax breaks to keep manufacturing and jobs within U.S. borders makes sense; in a way, it's easing the oppressive government regulation and tax burden placed on American businesses that drives them overseas in the first place.

I agree it should be across-the-board, though.  But he can't do much about that until he takes office and starts negotiating for the broader corporate tax cuts that have been one of the pillars of his campaign.  In the meantime, he can work with companies like Carrier to provide a few examples he can later hold up and say "See how hit works?  We cut taxes, and companies stay."  One of the keys to Trump's success in his campaign is that he didn't just tell people the way things are, he peeled back the curtains and let them see it with their own eyes.  It was a solid strategy then, and it remains so now.
Link Posted: 12/4/2016 7:11:32 AM EDT
[#35]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

Trump didn't run for President to separate government from business, he ran to make the relationship work like it's supposed to.  They will never, ever be separate... because government is inexorably tied to taxes, taxes inexorably tied to income (whether it's termed an "income tax" or not), and income is inexorably tied to business.  Giving companies tax breaks to keep manufacturing and jobs within U.S. borders makes sense; in a way, it's easing the oppressive government regulation and tax burden placed on American businesses that drives them overseas in the first place.

I agree it should be across-the-board, though.  But he can't do much about that until he takes office and starts negotiating for the broader corporate tax cuts that have been one of the pillars of his campaign.  In the meantime, he can work with companies like Carrier to provide a few examples he can later hold up and say "See how hit works?  We cut taxes, and companies stay."  One of the keys to Trump's success in his campaign is that he didn't just tell people the way things are, he peeled back the curtains and let them see it with their own eyes.  It was a solid strategy then, and it remains so now.
View Quote

He should wait until he's in office and make it across the board. I will be perfectly fine with that.

Conservatives should not be doing what he did here.
Link Posted: 12/4/2016 7:24:02 AM EDT
[#36]


Yeah, just tax breaks:

I have not heard ANYONE mention the fact that if ANY company stays in the US,
the there will be a TAX "inflow" back the to State and Federal coffers from both the company
AND the employees.

Also, what is not mentioned (that I have heard) is the trickle down to the businesses and people
that are customers of the employees effected, like food markets, auto repair shops, gas stations,
clothing and shoe stores, etc..

I think "crony capitalism" is more like the kind of "deals" that Obama made like:

Solindra

Petrobras (Brazilian Oil Driller)

Tesla

Space-X

Fiskars (Foreign-owned electric car company)

Plus other "renewable energy" schemes that amounted to trillions being flushed down the toilet.

I don't see the Carrier Deal as being in that league.

We have heard about money flowing BACK to the Democrat Party FROM
recipients of Obama's Crony Capitalism....
Link Posted: 12/4/2016 7:25:47 AM EDT
[#37]
It's called pandering. And political entities do it all the time.  And companies take advantage.
Link Posted: 12/4/2016 7:29:43 AM EDT
[#38]
Discussion ForumsJump to Quoted PostQuote History
Quoted:

^^ this.  Reading is for suckers. 

Here's what she said:

I am ecstatic for Carrier employees! Their bosses just decided to keep shop onshore. What a relief for hundreds of workers. Merry Christmas Indiana!
We don’t yet know terms of the public/private deal that was cut to make the company stay, but let’s hope every business is equally
incentivized to keep Americans working in America.
Foundational to our exceptional nation’s sacred private property rights, a business must have freedom to locate where it wishes. In a
free market, if a business makes a mistake (including a marketing
mistake that perhaps Carrier executives made), threatening to move
elsewhere claiming efficiency’s sake, then the market’s invisible hand
punishes. Thankfully, that same hand rewards, based on good business decisions.
But this time-tested truth assumes we’re operating on a level playing field.
When government steps in arbitrarily with individual subsidies, favoring one business over others, it sets inconsistent, unfair,
illogical precedent. Meanwhile, the invisible hand that best
orchestrates a free people’s free enterprise system gets amputated.
Then, special interests creep in and manipulate markets. Republicans
oppose this, remember? Instead, we support competition on a level
playing field, remember? Because we know special interest crony
capitalism is one big fail.
Politicians picking and choosing recipients of corporate welfare is railed against by fiscal conservatives, for it’s a hallmark of
corruption. And socialism. The Obama Administration dealt in it in
spades. Recall Solyndra, Stimulus boondoggles, and all their other
taxpayer-subsidized anchors on our economy. A $20 trillion debt-ridden
country can’t afford this sinfully stupid practice, so vigilantly guard
against its continuance, or we’re doomed.
Reaganites learned it is POLICY change that changes economic trajectory. Reagan’s successes were built on establishing a fiscal
framework that invigorated our entire economy, revitalized growth and
investment while decreasing spending, tax rates, over-reaching
regulations, unemployment, and favoritism via individual subsidies. We
need Reaganites in the new Administration.
However well meaning, burdensome federal government imposition is never the solution. Never. Not in our homes, not in our schools, not in
churches, not in businesses.
Gotta’ have faith the Trump team knows all this. And I’ll be the first to acknowledge concerns over a deal cut by leveraging taxpayer
interests to make a manufacturer stay put are unfounded – once terms are made public.
But know that fundamentally, political intrusion using a stick or carrot to bribe or force one individual business to do what politicians
insist, versus establishing policy incentivizing our ENTIRE ethical
economic engine to roar back to life, isn’t the answer. Cajole only
chosen ones on Main St or Wall St and watch lines stretch from
Washington to Alaska full of businesses threatening to bail unless
taxpayers pony up. The lines strangle competition and really, really,
dispiritingly screw with workers’ lives. It’s beyond unacceptable, so
let’s anticipate equal incentivizes and positive reform all across the
field – to make the economy great again.
-Sarah Palin
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Thanks for posting this!

I agree with what she said.
Link Posted: 12/4/2016 7:39:56 AM EDT
[#39]
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Quoted:
Palin vs Trump. How will GD decide?
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Link Posted: 12/4/2016 7:49:32 AM EDT
[#40]
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 In the meantime, he can work with companies like Carrier to provide a few examples he can later hold up and say "See how hit works?  We cut taxes, and companies stay."  One of the keys to Trump's success in his campaign is that he didn't just tell people the way things are, he peeled back the curtains and let them see it with their own eyes.  It was a solid strategy then, and it remains so now.
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That's exactly it. The day he swears in, he can demand corporate tax reductions, and any time someone tries to say it won't work or say he's just giving cuts to the rich, he can point to Carrier and say "wrong!" And what congressman is going home to his constituents and telling them "yeah, I could have supported a policy to save your jobs but..." 
Link Posted: 12/4/2016 8:05:14 AM EDT
[#41]
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Quoted:

He should wait until he's in office and make it across the board. I will be perfectly fine with that.

Conservatives should not be doing what he did here.
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Quoted:

Trump didn't run for President to separate government from business, he ran to make the relationship work like it's supposed to.  They will never, ever be separate... because government is inexorably tied to taxes, taxes inexorably tied to income (whether it's termed an "income tax" or not), and income is inexorably tied to business.  Giving companies tax breaks to keep manufacturing and jobs within U.S. borders makes sense; in a way, it's easing the oppressive government regulation and tax burden placed on American businesses that drives them overseas in the first place.

I agree it should be across-the-board, though.  But he can't do much about that until he takes office and starts negotiating for the broader corporate tax cuts that have been one of the pillars of his campaign.  In the meantime, he can work with companies like Carrier to provide a few examples he can later hold up and say "See how hit works?  We cut taxes, and companies stay."  One of the keys to Trump's success in his campaign is that he didn't just tell people the way things are, he peeled back the curtains and let them see it with their own eyes.  It was a solid strategy then, and it remains so now.

He should wait until he's in office and make it across the board. I will be perfectly fine with that.

Conservatives should not be doing what he did here.

He's not a Conservative.  Nor is he a liberal.  He's a political chimera who thinks in terms of inputs and outputs, action and results, rather than party affiliation or conformity.  He's going to pursue what he feels is best for America overall, and he doesn't particularly care with which party's charter a particular decision more closely aligns.  That's not Socialism, it's apoliticism... and it's what won him the election.
Link Posted: 12/4/2016 8:09:01 AM EDT
[#42]
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tax breaks for specific companies is crony capitalism.
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Which seems weird since it was just tax breaks.

tax breaks for specific companies is crony capitalism.


No not when it involves getting or keeping 1000 good paying jobs in your area of government.

That's called economic development. And economic development is done on every level from the smallest city to the national level.

None of this made or break the carrier deal.

It was the potential loss of major government contracts for the parent company that made them stay along with the hope Trump will make it easier to do business here.
Link Posted: 12/4/2016 8:20:56 AM EDT
[#43]
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Only one company got these tax breaks, not all companies. Government picking winners and losers......again. It will just encourage other companies to claim they are moving, so they can get special treatment.

Hint for Trump and Pence. Do it for all companies. Do not pick which ones you want to save. We have had this for too long.
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Quoted:



Only one company got these tax breaks, not all companies. Government picking winners and losers......again. It will just encourage other companies to claim they are moving, so they can get special treatment.

Hint for Trump and Pence. Do it for all companies. Do not pick which ones you want to save. We have had this for too long.


He plans on doing all kinds of things for all of us but before you give your patients antibiotics for a cut you must first stop the bleeding.

This is a a symbolic case to show American business we are serious about making America gray again, and American business great again.

And I am no Trumpsters but I get it.
Link Posted: 12/4/2016 8:23:59 AM EDT
[#44]
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No she does not.  If you read her comments, she is 100% correct.
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Yes she is and it works with what trump has done in my mind
Link Posted: 12/4/2016 8:34:28 AM EDT
[#45]
I don't see how not taxing you out of existence and not fucking you with regulations is a bad thing. Trump has said he would fix the high hand thug Government excess of the Obama administration; Carrier has said they would stay.
Link Posted: 12/4/2016 8:44:53 AM EDT
[#46]
The deal was the textbook definition of crony capitalism: a business got a special tax break in a one-off deal with the government, not available to other businesses.

Having said that, yes, Trump won: he got a good headline.
Carrier won: they got $7,000,000 in tax breaks and handouts from the state of Indiana.
Indiana won: they retained 1000 medium to high paying jobs for the bargain price of $7,000,000.
Every other business in the state lost: they didn't get $7,000,000 knocked off their taxes.

A small business in Indiana, say 49 employees, that is being crushed under the weight of 100 years of poor governance in the US, goes to work this morning the same as always only they weren't chosen to be winners by their government.  They're still paying full rate on their taxes today.

I'd like to see a bunch of other Indiana businesses with deep pockets and no government contracts team up and sue the state for $7,000,000 in tax relief each.
Link Posted: 12/4/2016 9:00:21 AM EDT
[#47]
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In NYS all they do is give breaks and PILOT programs.  Our local mall developer got a better deal on tax breaks than carrier
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Valley stream?
Link Posted: 12/4/2016 9:04:42 AM EDT
[#48]
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I bet the thousand workers that can still feed their families could care less about the deal that kept their jobs. Better than paying for them via unemployment or welfare.
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I bet the top guys at Solyndra who gave themselves lavish paychecks before the company imploded and taxpayers were stuck with the bill could care less about the deal that made them wealthier.  I mean damn, if the government writes me a big fat check for $7,000,000 I'd be ecstatic as hell, but I'd be under no delusions that it was done for any reason congruent with those for which governments are instituted among men.

There, I'll say it.  THIS DEAL WITH CARRIER IS NO MORE DEFENSIBLE THAN OBAMA'S HANDOUTS FOR SOLYNDRA. 

Obama wanted to promote green energy.  Trump wants to keep jobs in the US.
Obama gave taxpayer-guaranteed loans to Solyndra.  Trump helped negotiate tax breaks for Carrier.
Other companies not favored by Obama who didn't get picked to be special winners trudged on, competing in a rigged market against Obama's chosen winner.
Other companies not favored by Trump who didn't get picked to be special winners trudged on, competing in a rigged market against Trump's chosen
winner.
Link Posted: 12/4/2016 9:20:48 AM EDT
[#49]
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Quoted:

Other companies not favored by Trump who didn't get picked to be special winners trudged on, competing in a rigged market against Trump's chosen
winner.
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Would you mind citing the "Other companies" trudging on?

Thanks.

#NEVERTRUMPERS hallucinating is fun.
Link Posted: 12/4/2016 9:44:11 AM EDT
[#50]
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Quoted:


Would you mind citing the "Other companies" trudging on?

Thanks.

#NEVERTRUMPERS hallucinating is fun.
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Yes: Every other company in Indiana, that didn't get a special tax break and is still paying the full legally mandated taxes on their activities.  If you really don't understand, point out the part you're having trouble with and I can explain it to you.  Otherwise, if you're just here to shitpost and blindly follow Trump in his escapades into Obama-style crony capitalism, while attacking the messengers as being nothing more than NeverTrumpers, then you really have no more to offer to the conversation than a liberal who accused anyone of opposing Obama's terrible economic policies of doing so only because they were racist.
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