Should the President offer tax breaks to individual companies to keep jobs in the U.S.?
In March 2016, the Carrier air conditioning company announced it would move 1,400 jobs from the U.S. state of Indiana to Mexico. In November 2016 U.S. President elect Donald Trump and Carrier announced a deal which would keep 1,000 jobs in Indiana in exchange for $7 million in tax breaks. Proponents argue that the deal prevented jobs from moving overseas and will help grow the U.S. economy. Opponents argue that the deal will encourage more private companies to make threats about job losses in exchange for tax breaks.
@ISIDEWITH7yrs7Y
Yes
@9G8MZ9SConstitution6mos6MO
We the people could vote someone out of government if the government makes a mistake when they are included with the free market.
@9CN8FZPRepublican9mos9MO
Im broadly in favor of tax breaks.
@ISIDEWITH7yrs7Y
No, the government should not interfere with the free market
@9G8MZ9SConstitution6mos6MO
The government should interfere with free market because we should be able to trust the government when they say that they are going to help.
@ISIDEWITH7yrs7Y
@ISIDEWITH7yrs7Y
@jonah25332yrs2Y
Yes but only for a short period of time.
@mechanicalloser2wks2W
We should ensure that economic practices and policies are just, support the common good, and help the poor and marginalized
@jwakleyIndependent2yrs2Y
No, this will encourage more private companies to make threats about job losses in exchange for tax breaks.
@8DBHMQ34yrs4Y
Corporate taxes should be eliminated
@9C377CN11mos11MO
No, but drastically increase taxes and import tariffs on outsourcing businesses and ban other countries from owning our land
@9BXXJ6R11mos11MO
No, because companies will just turn around and outsource/automate the jobs anyway
@8NP97ST3yrs3Y
Dismantle any and all regulations that hinders potential economic growth, encouraging businesses to continue operations in India.
No, unemployment insurance should be sufficient for people to live off of, and in the first place, the government shouldn't let companies, especially banks, make overly risky investments and cause recessions which lead to unemployment.
@9LJ9R366 days6D
No, it will encourage more private companies to make threats about job losses in exchange for tax breaks
@9LGT7RJ1wk1W
All private companies should be abolished and nationalised, with every entity taxed at the same rate.
@9LG7G921wk1W
I believe companies should be taxed in a way equal to their size. if they make a large amount of money they should be both restricted and taxed at a higher rate than what they're at now.
@9LBZJS6 2wks2W
No, but companies should have to prove that there aren‘t qualified Americans to complete the functions of the job they are offering
@9L9KX7J2wks2W
No, but drastically increase taxes and import tariffs on outcourced businesses that could be done in the U.S, and also enforce that any outsourced business stemming from U.S. based companies be held to the same work standards for their foreign business practices that they would have to face if they were operating in the U.S. It should be illegal for corporations to oursource their labor to avoid human-rights labor laws.
@9L7R77L 3wks3W
Yes, especially if they are companies that are improving the environment or other social needs e.g. a nonprofit organisation providing care and shelter for pet animals that have no parents.
@9L4SDKK 3wks3W
Yes, so long as the companies can prove that they have reason to need these tax breaks to keep their business running.
@9KZTL3S4wks4W
In my stance, The government can interfere with the free market let alone them talking out of American company from moving out-of-state (country I mean) and finalizing the talk by cutting taxes for the company. Economically, I believe a corporation, having many factories across the country, has the free will to move what is right for them but, it is more efficient for that corporation and all other existing corporations to leave some factories behind operating, and to move some out-of-state.
@9HDGCW45mos5MO
i think if it is a family owned business the family should have to pay taxes on it for like 50 years then after that it should be cut in half
@9HBZSD45mos5MO
No, only Congress should be able to reduce taxes or give breaks/incentives to companies to help keep jobs in the US.
@9H5VH625mos5MO
No, focus on reforming and removing the policies that incentivize outsourcing in the first place instead of effectively bribing them to stay. Drastically raise tax rates and import tariffs on outsourcing businesses.
@9H4DQNJIndependent5mos5MO
No, he President does not, Constitutionally, hold the power do do this, and the question presupposes illegal powers.
@9H43KT75mos5MO
No, this is an example of cronyism/corporatocracy. Lower the corporate and individual income tax rates instead.
@9H2G9DK5mos5MO
No, if the president offers tax breaks for one company, he should offer them for every company not just specific ones.
@9GYFMFV5mos5MO
No, the president should not be offering incentives to private companies for deals in the first place.
@9GSLXJMRepublican5mos5MO
No because he doesn't have the power of the purse. That responsibility lies with Congress, who should provide incentives to keep jobs in the US.
@9GSGPR35mos5MO
No because the President does not have the authority to make financial decisions. That power lies with Congress. I do believe that Congress should encourage companies to keep jobs in the US.
The companies are already making enough money to pay their workers enough, but CEOs often pocket the money.
@CALibertarianLA 5mos5MO
No, provide subsidies to rival companies that keep their jobs in the U.S. and raise taxes on companies that move their jobs outside of the U.S.
@9GLJHPJ6mos6MO
Giving that much money is going to hurt the people who have to pay those taxes. They should try to keep the jobs, but find a better solution, like a rule of outsourcing companies.
@8Z75DHZ2yrs2Y
I am in between, there should be a free market, and a right to free market, however this system has been abused. Free market was supposed to be for outsourcing things that do not grow/cannot be achieved in the US. Instead it is being used by companies to exploit poorer countries to save profit rather than paying American's (or foreigners) a fair pay. Free market should exist, but exploitation should come to an end.
@8Z69GRZ2yrs2Y
Only give it to small businesses and medium-sized businesses
@8Z5CY4N2yrs2Y
Yes, but only for big corporations not private businesses
@8Z57N4W2yrs2Y
Yes, but only incases of emergency.
@8Z4M9B52yrs2Y
Yes, but don't disproportionately tax imports and give them a chance to compete in the market
@8Z45J4L2yrs2Y
No, instead tax foreign corporations on their profit from the US
Deleted2yrs2Y
No, the government should not interfere with the free market. Businesses will want to stay here by decreasing regulation and creating a competitive environment.
@8Z36M8F2yrs2Y
Nationalise the companies and execute the owners
@8Z35M882yrs2Y
Yes, and drastically increase & enforce taxes and import tariffs on outsourcing businesses.
@8Z33MM22yrs2Y
Yes if major operations are in the US
@8Z32KB42yrs2Y
Yes, but only if the job threats are serious
@8Z2D5FX2yrs2Y
Yes, excluding multinational corporations
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