Trump Carrier deal: The opposite of what he said he’d do
During the campaign Trump make Carrier “pay a damn tax.” He’s doing the opposite.
In exchange for not outsourcing some jobs, United Technology, which made a profit of $7.6 billion last year and owns Carrier, will reportedly receive $7 million over 10 years in state economic incentives. The company was also assured the Trump administration will lower corporations’ federal tax burden and ease regulations.
In a Wednesday press release, Carrier acknowledged both the federal and state incentives…
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Trump and Pence dangled carrots in front of United Technology to entice the corporation to not outsource roughly 850 jobs to Mexico. But that’s a major departure from the approach Trump promised while talking about Carrier on the campaign trail.
During a rally in Indianapolis in April, Trump detailed plans to hit companies like Carrier that outsource jobs with a tariff of 35 percent when they try to sell their products in the United States.
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