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Economy
Trump and the United Technologies connection
2016-12-01
[Hartford Courant] Pesident-elect Donald Trump may have considerable leverage in negotiations with United Technologies Corp. as he tries to force the conglomerate to reverse its decision to move 1,400 Carrier jobs to Mexico from Indiana.

Trump can renegotiate UTC's aerospace contracts with the Pentagon and seek revised federal environmental regulations and performance standards governing air conditioning and cooling equipment made by Carrier. He also could propose new federal tax policy affecting billions of dollars in cash that UTC and other conglomerates hold overseas.

"We have an administration that's going to evaluate corporate decisions and trade offs on a country level, not a company level," said Nick Heymann, an analyst at William Blair and Co.

This gov't contracts list probably had little to do with the Carrier's decision to remain in Indiana.
Posted by:Besoeker

#2  Corporate welfare? Or tax relief. We have the largest corporate tax rate in the world, I chose the latter.
Posted by: mossomo   2016-12-01 19:26  

#1  And the poo-poo train begins: "Team Trump dishes out generous corporate welfare to Carrier using taxpayer money before it even take office"

Posted by: Vast Right Wing Conspiracy   2016-12-01 13:29  

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