$7M is a small price to pay considering you make zero tax revenue from option B: a shuttered Carrier and 1000 unemployed people and their families.
hmph....people actually believe this...???
Average wage rate at Carrier is $31. 1000 x 31 x 8 x 5 x 52 = $64,480,000 paid in salary assuming 40 hour work week.
State income tax rate is 3.3% which translates to $2,127,840. Tax incentives are $700,000 per year.
Net gain to the state coffers = $1,427,840
I'm not sure what not to believe? Simple math proves my point.
I believe it sounds like the workers at Carrier are overpaid and the citizens of Indiana should be pissed for being forced to subsidize their income.
WI 6/27/98 WI 10/8/00 MO 10/11/00 IL 4/23/03 MN 6/26/06 MN 6/27/06 WI 6/30/06 IL 8/5/07 IL 8/21/08 (EV) IL 8/22/08 (EV) IL 8/23/09 IL 8/24/09 IN 5/7/10 IL 6/28/11 (EV) IL 6/29/11 (EV) WI 9/3/11 WI 9/4/11 IL 7/19/13 NE 10/09/14 IL 10/17/14 MN 10/19/14 FL 4/11/16 IL 8/20/16 IL 8/22/16 IL 08/18/18 IL 08/20/18 IT 07/05/2020AT 07/07/2020
$7M is a small price to pay considering you make zero tax revenue from option B: a shuttered Carrier and 1000 unemployed people and their families.
hmph....people actually believe this...???
Average wage rate at Carrier is $31. 1000 x 31 x 8 x 5 x 52 = $64,480,000 paid in salary assuming 40 hour work week.
State income tax rate is 3.3% which translates to $2,127,840. Tax incentives are $700,000 per year.
Net gain to the state coffers = $1,427,840
I'm not sure what not to believe? Simple math proves my point.
But you are assuming they would be unemployed. They wouldn't be in Indiana right now.
I'm assuming they would be in Indiana on unemployment or taking on a job that pays much less. As I stated, that is the simple math. There are lots of factors that cannot be determined. Unemployment. New job pay. If they leave the state. Trickle-down impact on the local economy. So on and so on.
But my math is simple and is what will actually happen.
$7M is a small price to pay considering you make zero tax revenue from option B: a shuttered Carrier and 1000 unemployed people and their families.
hmph....people actually believe this...???
Average wage rate at Carrier is $31. 1000 x 31 x 8 x 5 x 52 = $64,480,000 paid in salary assuming 40 hour work week.
State income tax rate is 3.3% which translates to $2,127,840. Tax incentives are $700,000 per year.
Net gain to the state coffers = $1,427,840
I'm not sure what not to believe? Simple math proves my point.
I believe it sounds like the workers at Carrier are overpaid and the citizens of Indiana should be pissed for being forced to subsidize their income.
The workers are represented by a union.
What is your opinion on the minimum wage being raised to $15?
I believe the Minimum Wage is lower than it should be.
Those subsidies won't be going towards blue-collar workers wages. It sounds like the 700 people in the Huntington, IN factory will be out of work (pop 17,391). 800 of the manufacturing jobs that were saved were in Indianapolis (pop 853,173). 400 of the people staying in Indy are research-and-development and executive jobs that weren't moving anyways.
1/2 the workers, and presumably operations, are going to Mexico. They'll make additional profit there. While Carrier sends the profits and subsidies back to HQ in Hartford, CT (eff income tax rate 4.82%).
Pay attention rural America, this is what you voted for.
WI 6/27/98 WI 10/8/00 MO 10/11/00 IL 4/23/03 MN 6/26/06 MN 6/27/06 WI 6/30/06 IL 8/5/07 IL 8/21/08 (EV) IL 8/22/08 (EV) IL 8/23/09 IL 8/24/09 IN 5/7/10 IL 6/28/11 (EV) IL 6/29/11 (EV) WI 9/3/11 WI 9/4/11 IL 7/19/13 NE 10/09/14 IL 10/17/14 MN 10/19/14 FL 4/11/16 IL 8/20/16 IL 8/22/16 IL 08/18/18 IL 08/20/18 IT 07/05/2020AT 07/07/2020
Anyone who is patting Trump on the back for Carrier is duped. This was a headline for him. Behind the scenes it's really worthless.
I live about 20 miles north of Carrier. On the local news they were interviewing people at a neighboring Carrier plant that got no help from Trump at all....why? Why didn't he work his magic for Rexnord just a few miles away? They are sending 400 jobs to Mexico.
Smoke and mirrors.
The employee at Rexnord that they interviewed said "I keep hearing about this Trump train but why didn't the train stop at Rexnord?"
Remember the Thomas Nine !! (10/02/2018)
1998: Noblesville; 2003: Noblesville; 2009: EV Nashville, Chicago, Chicago 2010: St Louis, Columbus, Noblesville; 2011: EV Chicago, East Troy, East Troy 2013: London ON, Chicago; 2014: Cincy, St Louis, Moline (NO CODE) 2016: Lexington, Wrigley #1; 2018: Wrigley, Wrigley, Boston, Boston 2020: Oakland, Oakland:2021: EV Ohana, Ohana, Ohana, Ohana 2022: Oakland, Oakland, Nashville, Louisville; 2023: Chicago, Chicago, Noblesville 2024: Noblesville, Wrigley, Wrigley, Ohana, Ohana
What is so great about President-elect Trump is that during his "meeting" with the press head honchos he pretty much said to them "Listen, all you asses have continued to make erroneous headlines throughout my campaign now you will stop and clear it w/ me before you make another headline about me" Look at the media bow now.
^^^ I said no such thing. Perhaps the press heard that message.
are you out of your mind? it's in fucking black and white right here. "said to them "Listen, all you asses have continued to make erroneous headlines throughout my campaign now you will stop and clear it w/ me before you make another headline about me"
Anyone who is patting Trump on the back for Carrier is duped. This was a headline for him. Behind the scenes it's really worthless.
I live about 20 miles north of Carrier. On the local news they were interviewing people at a neighboring Carrier plant that got no help from Trump at all....why? Why didn't he work his magic for Rexnord just a few miles away? They are sending 400 jobs to Mexico.
Smoke and mirrors.
The employee at Rexnord that they interviewed said "I keep hearing about this Trump train but why didn't the train stop at Rexnord?"
cause he didn't see some poor sap on the "nightly news" that works at that plant.
he's going to be a very busy boy putting all these band aids on every single scrape in the country.
With a tax credit and no tariff! I thought he was a good negotiator? It's literally the opposite of what he said he would do to companies, like his own, who ship jobs oversees.
Post edited by The Juggler on
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The Juggler
Behind that bush over there. Posts: 47,446
Great jobs report today. At what point does Trump stop saying he doesn't believe these numbers and starts taking credit for them?
the whole Carrier thing is propaganda. the fundamental reasoning for jobs leaving the US is the same. rates are high here and low there. if you want to make $25+ an hour, you gotta be able to cope with a job that involves technology. that's not a bad thing in my mind, because that's what we are now best at.
Trump just announced over Twitter that he'll be "leaving his businesses in total". https://twitter.com/realDonaldTrump - so vaggar, that should take the conflict of interest angle off the table.
You are sounding very naive. That does not take conflict of interest off the table in the least.
What do you suggest he do?
Not be president. The man is incapable of not using this power to line his pockets, and the pockets of his family.
Maybe you should have thought that conflict of interest through before you voted for a con man who is going to steal from you.
To be fair, Hillary would do the same thing. Clintons went from a net worth of $700K in 1992 to $110M today.
They made those profits after they were out of office. That's a whole different deal than making them while in office.
Hillary opened her tax returns up and was transparent. Trump on the other hand......
The increase in net worth has nothing to her role as sec of state? Nothing to do with her presidential aspirations? WOW!!!
Review the tax returns...most income due to Bill's speeches/consulting
Will be interesting to see what happens to their income now that they have little influence in politics.
If Mrs. Trump were to start getting 200k a speech, you wouldn't suspect there would be any tie to the fact that her husband is a president and it would be good to have him as a friend?
Hahaha if that happened I would wonder if Mrs. Trump had fallen back into her old habit of taking her clothes off for money.
$7M is a small price to pay considering you make zero tax revenue from option B: a shuttered Carrier and 1000 unemployed people and their families.
hmph....people actually believe this...???
Average wage rate at Carrier is $31. 1000 x 31 x 8 x 5 x 52 = $64,480,000 paid in salary assuming 40 hour work week.
State income tax rate is 3.3% which translates to $2,127,840. Tax incentives are $700,000 per year.
Net gain to the state coffers = $1,427,840
I'm not sure what not to believe? Simple math proves my point.
Where does that average wage rate come from? What employees are included? I doubt the average carrier worker makes that much if you exclude the suits that wouldn't be losing their jobs anyways.
$7M is a small price to pay considering you make zero tax revenue from option B: a shuttered Carrier and 1000 unemployed people and their families.
hmph....people actually believe this...???
Average wage rate at Carrier is $31. 1000 x 31 x 8 x 5 x 52 = $64,480,000 paid in salary assuming 40 hour work week.
State income tax rate is 3.3% which translates to $2,127,840. Tax incentives are $700,000 per year.
Net gain to the state coffers = $1,427,840
I'm not sure what not to believe? Simple math proves my point.
Where does that average wage rate come from? What employees are included? I doubt the average carrier worker makes that much if you exclude the suits that wouldn't be losing their jobs anyways.
Not sure how they define it, but in my experience the term "wage" is used in reference to hourly workers, not salaried.
I've been critical of the clown since he announced he was running. At least this is a positive thing. Would have been great if he could have saved all the jobs. The city of Huntington will be crushed. But something is better then nothing.
$7M is a small price to pay considering you make zero tax revenue from option B: a shuttered Carrier and 1000 unemployed people and their families.
hmph....people actually believe this...???
Average wage rate at Carrier is $31. 1000 x 31 x 8 x 5 x 52 = $64,480,000 paid in salary assuming 40 hour work week.
State income tax rate is 3.3% which translates to $2,127,840. Tax incentives are $700,000 per year.
Net gain to the state coffers = $1,427,840
I'm not sure what not to believe? Simple math proves my point.
Where does that average wage rate come from? What employees are included? I doubt the average carrier worker makes that much if you exclude the suits that wouldn't be losing their jobs anyways.
Not sure how they define it, but in my experience the term "wage" is used in reference to hourly workers, not salaried.
I've been critical of the clown since he announced he was running. At least this is a positive thing. Would have been great if he could have saved all the jobs. The city of Huntington will be crushed. But something is better then nothing.
But why is nobody talking about the "consequences" Trump said he was going to levy against companies that leave the US? Yes, half the plant is staying but half is still leaving. Where are the penalties?
will myself to find a home, a home within myself we will find a way, we will find our place
I prefer to buy stuff made in the US, but isn't this forcing the choice? And while saving some jobs feels good for the workers, isn't this a short sighted policy and a insincere gesture? I think United Technologies was worried about getting cut off from the government teat.
$7M is a small price to pay considering you make zero tax revenue from option B: a shuttered Carrier and 1000 unemployed people and their families.
hmph....people actually believe this...???
Average wage rate at Carrier is $31. 1000 x 31 x 8 x 5 x 52 = $64,480,000 paid in salary assuming 40 hour work week.
State income tax rate is 3.3% which translates to $2,127,840. Tax incentives are $700,000 per year.
Net gain to the state coffers = $1,427,840
I'm not sure what not to believe? Simple math proves my point.
Where does that average wage rate come from? What employees are included? I doubt the average carrier worker makes that much if you exclude the suits that wouldn't be losing their jobs anyways.
Not sure how they define it, but in my experience the term "wage" is used in reference to hourly workers, not salaried.
I've been critical of the clown since he announced he was running. At least this is a positive thing. Would have been great if he could have saved all the jobs. The city of Huntington will be crushed. But something is better then nothing.
But why is nobody talking about the "consequences" Trump said he was going to levy against companies that leave the US? Yes, half the plant is staying but half is still leaving. Where are the penalties?
Is he president? No. He has no authority to penalize them.
Again, most people were smart enough to know Trump's campaign was one big negotiation strategy. It is ridiculous that anyone would possibly believe Trump was going to deport 11 million people, form a Muslim registry, or keep every job from leaving. At the end of the day people voted for a president that they though would take issues like immigration, Obamacare, jobs, etc seriously. That is what they wanted. The how and what is still to be decided.
I prefer to buy stuff made in the US, but isn't this forcing the choice? And while saving some jobs feels good for the workers, isn't this a short sighted policy and a insincere gesture? I think United Technologies was worried about getting cut off from the government teat.
they are now going to have to manufacture these things at a higher cost which means they either raise the price or take a lower margin. either way, the company and the shareholders will lose. i suppose that's not such a bad thing if you're socialist, but it's not what i call capitalism.
$7M is a small price to pay considering you make zero tax revenue from option B: a shuttered Carrier and 1000 unemployed people and their families.
hmph....people actually believe this...???
Average wage rate at Carrier is $31. 1000 x 31 x 8 x 5 x 52 = $64,480,000 paid in salary assuming 40 hour work week.
State income tax rate is 3.3% which translates to $2,127,840. Tax incentives are $700,000 per year.
Net gain to the state coffers = $1,427,840
I'm not sure what not to believe? Simple math proves my point.
Where does that average wage rate come from? What employees are included? I doubt the average carrier worker makes that much if you exclude the suits that wouldn't be losing their jobs anyways.
Not sure how they define it, but in my experience the term "wage" is used in reference to hourly workers, not salaried.
I've been critical of the clown since he announced he was running. At least this is a positive thing. Would have been great if he could have saved all the jobs. The city of Huntington will be crushed. But something is better then nothing.
But why is nobody talking about the "consequences" Trump said he was going to levy against companies that leave the US? Yes, half the plant is staying but half is still leaving. Where are the penalties?
Is he president? No. He has no authority to penalize them.
Again, most people were smart enough to know Trump's campaign was one big negotiation strategy. It is ridiculous that anyone would possibly believe Trump was going to deport 11 million people or form a Muslim registry. At the end of the day people voted for a president that they though would take issues like immigration, Obamacare, jobs, etc seriously. That is what they wanted. The how and what is still to be decided.
At the end of the day they voted out of fear and trump used the theme's listed to manipulate enough people by weaving a message of fear into those policies. Yes his policies are ridiculous, but a lot of people that voted for him that can still link thoughts together convinced themselves that these were good policies so they thought they weren't supporting a bigot. Trump tapped into a group of conservatives who think they aren't prejudiced, but actually are.
Comments
State income tax rate is 3.3% which translates to $2,127,840. Tax incentives are $700,000 per year.
Net gain to the state coffers = $1,427,840
I'm not sure what not to believe? Simple math proves my point.
What is your opinion on the minimum wage being raised to $15?
1998: Noblesville; 2003: Noblesville; 2009: EV Nashville, Chicago, Chicago
2010: St Louis, Columbus, Noblesville; 2011: EV Chicago, East Troy, East Troy
2013: London ON, Chicago; 2014: Cincy, St Louis, Moline (NO CODE)
2016: Lexington, Wrigley #1; 2018: Wrigley, Wrigley, Boston, Boston
2020: Oakland, Oakland: 2021: EV Ohana, Ohana, Ohana, Ohana
2022: Oakland, Oakland, Nashville, Louisville; 2023: Chicago, Chicago, Noblesville
2024: Noblesville, Wrigley, Wrigley, Ohana, Ohana
But my math is simple and is what will actually happen.
Those subsidies won't be going towards blue-collar workers wages. It sounds like the 700 people in the Huntington, IN factory will be out of work (pop 17,391). 800 of the manufacturing jobs that were saved were in Indianapolis (pop 853,173). 400 of the people staying in Indy are research-and-development and executive jobs that weren't moving anyways.
1/2 the workers, and presumably operations, are going to Mexico. They'll make additional profit there. While Carrier sends the profits and subsidies back to HQ in Hartford, CT (eff income tax rate 4.82%).
Pay attention rural America, this is what you voted for.
I live about 20 miles north of Carrier. On the local news they were interviewing people at a neighboring Carrier plant that got no help from Trump at all....why? Why didn't he work his magic for Rexnord just a few miles away? They are sending 400 jobs to Mexico.
Smoke and mirrors.
The employee at Rexnord that they interviewed said "I keep hearing about this Trump train but why didn't the train stop at Rexnord?"
1998: Noblesville; 2003: Noblesville; 2009: EV Nashville, Chicago, Chicago
2010: St Louis, Columbus, Noblesville; 2011: EV Chicago, East Troy, East Troy
2013: London ON, Chicago; 2014: Cincy, St Louis, Moline (NO CODE)
2016: Lexington, Wrigley #1; 2018: Wrigley, Wrigley, Boston, Boston
2020: Oakland, Oakland: 2021: EV Ohana, Ohana, Ohana, Ohana
2022: Oakland, Oakland, Nashville, Louisville; 2023: Chicago, Chicago, Noblesville
2024: Noblesville, Wrigley, Wrigley, Ohana, Ohana
www.headstonesband.com
"said to them "Listen, all you asses have continued to make erroneous headlines throughout my campaign now you will stop and clear it w/ me before you make another headline about me"
www.headstonesband.com
www.headstonesband.com
he's going to be a very busy boy putting all these band aids on every single scrape in the country.
www.headstonesband.com
Still 1300 jobs leaving....shitty job Trump
1998: Noblesville; 2003: Noblesville; 2009: EV Nashville, Chicago, Chicago
2010: St Louis, Columbus, Noblesville; 2011: EV Chicago, East Troy, East Troy
2013: London ON, Chicago; 2014: Cincy, St Louis, Moline (NO CODE)
2016: Lexington, Wrigley #1; 2018: Wrigley, Wrigley, Boston, Boston
2020: Oakland, Oakland: 2021: EV Ohana, Ohana, Ohana, Ohana
2022: Oakland, Oakland, Nashville, Louisville; 2023: Chicago, Chicago, Noblesville
2024: Noblesville, Wrigley, Wrigley, Ohana, Ohana
- Mark Twain
"...I changed by not changing at all..."
usatoday.com/story/news/nation-now/2016/12/01/carrier-incentives-stir-debate-over-rewarding-offshoring/94781008/
Not sure how they define it, but in my experience the term "wage" is used in reference to hourly workers, not salaried.
I've been critical of the clown since he announced he was running. At least this is a positive thing. Would have been great if he could have saved all the jobs. The city of Huntington will be crushed. But something is better then nothing.
we will find a way, we will find our place
Again, most people were smart enough to know Trump's campaign was one big negotiation strategy. It is ridiculous that anyone would possibly believe Trump was going to deport 11 million people, form a Muslim registry, or keep every job from leaving. At the end of the day people voted for a president that they though would take issues like immigration, Obamacare, jobs, etc seriously. That is what they wanted. The how and what is still to be decided.
‘Trumpapillar’ Fluffy caterpillar bears uncanny resemblance to Donald Trump’s hair