"The United States has the third highest general top marginal corporate income tax rate in the world at 39.1 percent (consisting of the 35% federal rate and a combined state rate), exceeded only by Chad and the United Arab Emirates".
And we wonder why companies are leaving the US . . .
Nothing more than what has been going on since the start of big business... "Restructuring"!
And helped along by "Free Trade" regulations, and more to the lax financial and corporate laws in this country.
Its a large corporation and 1,400 jobs mean little as with any of these large corporations, its about more and more profits for share holders and the unreal salaries and bonuses of those in the upper echelon.
I wonder if Carrier will reduce it's prices on air conditioners?
The bigger question is will you continue to buy their products if they raise the price in order to afford the costs of union labor...corporate taxes....and ever increasing government regulations....
I've heard that speech before.... Especially that famous "it was a business decision" line. I'm surprised he didn't explain how we now live in a global economy and have to adapt to it. That's another one of their favorites. Another one is that the board of directors HAD to vote for it because they HAVE TO do what's best for the stockholders and the company's bottom line. It's also one of the main reasons I've been driving Toyota Tacomas since 1996; it's because no jap ever sent MY job to another country; and Tacomas are put together in California. So my Toyota purchase was a "business decision" based on my bottom line and getting the most "bang for the buck" which necessitated me "outsourcing" my transportation needs. At least it was assembled in the USA; unlike my wife's 2012 Dodge Journey which was assembled in Mexico.
The greenie liberals and their radical EPA are happy that another "dirty" manufacturing business is leaving. Wall St. who finances Hillary is happy to see another business chasing higher profits, even though fewer Americans will be able to buy the products.
What speech? I simply asked if you were willing to pay more for products produced here.....which clearly you are based on your choice of a vehicle that costs considerably more than similar vehicles.....problem is....99% of people aren't.....
I wonder if Carrier will reduce it's prices on air conditioners?
The bigger question is will you continue to buy their products if they raise the price in order to afford the costs of union labor...corporate taxes....and ever increasing government regulations....
You just hit on the three major problems, Question should be "when are we going to fix this problem?"
An FYI, I always buy "Made In USA" when given the choice even if the cost is higher. I believe in this country and it's people and choose to support it and them. I own no foreign guns, I buy American branded cars, ect, ect.
Since United Technologies has chosen to abandon this country except for it's profits the answer is NO, I will no longer buy United Technologies made products.
Paul
"I'd rather see a sermon than hear a sermon".... D.A.D.
Trump Won!, Sandmann Won!, Rittenhouse Won!, Suck it Liberal Fuuktards.
Well, companies that move off-shore are just living in a "self-fulfilling prophecy" world. Unemployed US workers can not buy their products regardless of how less expensive (actually, the companies want to reduce their costs, not their price!).
But then, this is yet another of capitalism. Resources are applied in the most advantageous direction. Washington State gave Boeing a ton of money (tax breaks and infrastructure) to keep production in the state. But, they've shifted jobs to lower production areas (e.g., South Carolina and overseas) anyway.
I've heard that speech before.... Especially that famous "it was a business decision" line. I'm surprised he didn't explain how we now live in a global economy and have to adapt to it. That's another one of their favorites. Another one is that the board of directors HAD to vote for it because they HAVE TO do what's best for the stockholders and the company's bottom line. It's also one of the main reasons I've been driving Toyota Tacomas since 1996; it's because no jap ever sent MY job to another country; and Tacomas are put together in California. So my Toyota purchase was a "business decision" based on my bottom line and getting the most "bang for the buck" which necessitated me "outsourcing" my transportation needs. At least it was assembled in the USA; unlike my wife's 2012 Dodge Journey which was assembled in Mexico.
Tacomas (current and going back a few years) are either made in at the TMMTX facility (San Antonio, TX) or TMMBC (Baja California, Mexico). They moved production from the NUMMI facility (California) a few years ago. So if a recent Tacoma VIN starts with a 3, then it was manufactured in Mexico.
I wonder if Carrier will reduce it's prices on air conditioners?
The bigger question is will you continue to buy their products if they raise the price in order to afford the costs of union labor...corporate taxes....and ever increasing government regulations....
You just hit on the three major problems, Question should be "when are we going to fix this problem?"
An FYI, I always buy "Made In USA" when given the choice even if the cost is higher. I believe in this country and it's people and choose to support it and them. I own no foreign guns, I buy American branded cars, ect, ect.
Since United Technologies has chosen to abandon this country except for it's profits the answer is NO, I will no longer buy United Technologies made products.
"Since United Technologies has chosen to abandon this country except for it's profits the answer is NO, I will no longer buy United Technologies made products."
United Technologies is principally an industrial goods producer, not a consumer goods producer. Carrier manufactures one of the few products that UT makes that is sold to consumers and, even the consumer market is a small part of their business (commercial refrigeration is the main portion).
Few consumers buy Otis elevators and escalators, Pratt and Whitney jet engines and turbines, or UTC aerospace systems, so the prospect of a consumer boycott is pretty hollow. Of course, one can get on an elevator, see that it was made by Otis, get off and, walk up 22 floors; but I don't think that will happen; same for airplane engines made by P&W.
I too look for the "Made in USA" label, but am finding it more difficult to find such goods, especially in major chain stores (Home Depot, Lowes, Macy's, Best Buy, etc.). Sad, but true. The American consumer wants less expensive goods. A lower wage sounds good to many consumers until their worker counterpart is told that the company is cutting wages!
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