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.
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@ISIDEWITH9yrs9Y
Yes
@9CN8FZPRepublican2yrs2Y
Im broadly in favor of tax breaks.
@9G8MZ9SConstitution2yrs2Y
We the people could vote someone out of government if the government makes a mistake when they are included with the free market.
@ISIDEWITH9yrs9Y
No, the government should not interfere with the free market
@9G8MZ9SConstitution2yrs2Y
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.
@mechanicalloser1yr1Y
We should ensure that economic practices and policies are just, support the common good, and help the poor and marginalized
@9D56QCZ2yrs2Y
Yes, for small businesses only
@9SGS2K21yr1Y
Yes but only if that industry is vital to our national interest/defense. They should also increase taxes on outsourcing businesses
@8DBHMQ35yrs5Y
Corporate taxes should be eliminated
@8HJCDXK5yrs5Y
No, Presidents don't make tax policy.
@8NP97ST5yrs5Y
Dismantle any and all regulations that hinders potential economic growth, encouraging businesses to continue operations in India.
No. This premise violates separation of powers as established in the Constitution. If Congress passes legislation to do so then fine.
@Brandonnoe84Libertarian 1mo1MO
Yes, and add a tariff on all manufactured goods, and a higher tariff if the other country does not meet our environmental, human rights, or workers rights standards.
@9SFDBJZ1yr1Y
No, government should make it easier to conduct business in the US without making it uneven for the companies (based on moving jobs blackmail).
@9DK7L92Natural Law2yrs2Y
No, but increase corporate tax rates in general
@9DJJP3S2yrs2Y
to me, they should make the price just right for what you are paying for, not too expensive and not too cheap
@9DJ6VBH2yrs2Y
Yes, but first eliminate corporate tax loopholes and offshore tax havens, and renegotiate our trade agreements with other countries to ensure they improve the quality of their working-conditions.
@9DDQYGD2yrs2Y
Yes but only to small companies, while large companies should be considered for having tax increases.
@8M6DB3L5yrs5Y
No. Unless you want to pop up sweatshops, then there is no economically feasible way to hold low-cost production in the US, even with considerable tax cuts. The US should invest in competence programmes and focus on high-quality manufacturing instead.
@8HBLZNP5yrs5Y
This is not the job of the President. This power belongs to Congress.
@8H8PL8R5yrs5Y
Abolish all current forms of taxation and instill the FairTax.
@8H4TNKY5yrs5Y
Make it equal for all people!
@8GW6RJM5yrs5Y
This is not and should not be part of the President’s responsibilities. However, congress should offer incentives for companies that keep jobs in the U.S.
@8GW4VVJLibertarian5yrs5Y
No, the government should not interfere with the free market, but there should be a competitive tax code for all, not just an individual company.
@8GGSJHJ5yrs5Y
No, but all companies allowed to sell in the Country should have to adhere to basic labor laws.
@B6LLR4W3wks3W
Neither companies and corporations need to take a stand to keep jobs here in the United States for one reason and that job security and jobs are permitted
@B6KGB834wks4W
Yes, but only for a limited time. If the company moves or closes during that time they have to pay back double the amount of tax breaks.
@B6HJ8YW1mo1MO
Yes, but only if there is a credible fear of being uncompetitive at a certain sector due to local policies, which risk job loss and economic pains.
@B4FCJW4Republican5mos5MO
Yes, but the president needs to impose tariffs on all of the countries who have ripped off the United States.
@B3J54FS6mos6MO
The government should make a fairer trade playing field to support domestic manufacturing, reduce deficits, ban unfair trade practices, and to induce a more competitive market.
@B26K95C9mos9MO
The only way tax breaks should be given to individual companies is if they outperform sales within their company, therefore, making it so that companies can be granted an incentive (Reward/tax break) for the work that they have done for their business while those that receive that tax break can keep some of that money they've earned from the job they accomplished within their company.
@9ZPYRW810mos10MO
there should be incentives to produce as much as possible locally without significantly raising cost of good beyond reasonable consumers budgets
@9ZJSLTT 10mos10MO
I would prefer nationalization of these anti American companies, but fine try this it doesn't sound bad.
@9YMFVB910mos10MO
Yes. It is important to keep jobs in the US so we can be self-reliant if necessary, but the tax breaks should not be too large.
@9YK6DHY10mos10MO
I feel like that the government should give those companies a little break of like skipping 2 taxes, but then those companies should be back on their feet and if their not oh well
@9YDT4K510mos10MO
I think that Trump is doing a good thing giving tax cuts to the rich because then they will have more money to build more businesses so people without jobs can have one.
@MAGA_Deplorable 10mos10MO
Abolish all income, corporate, and capital gains taxes instead and no company will ever want to move out of the US again
@9XKGGTTIndependent11mos11MO
No, because the President should be more impartial towards companies. While it is ideal to keep jobs in the U.S., it feels somewhat hypocritical to the constitution and the free market if the President themselves gives out tax breaks to certain companies they may feel partial towards. Not only that, but it could be purely political on their part in order to gain support for the next election or for some other thing.
@9XKFJ3Q11mos11MO
No, pass through of taxes, fines, layoffs to workers other than executives, HR or board, and increased material costs should be prohibited. That is a risk you take for going into business
@9X8H5QR11mos11MO
Incentivize businesses to stay in the US, but businesses that leave should have their goods taxed and tariffed to compensate for human rights violations and inferior working conditions
@9WM8PGT11mos11MO
no, the taxes should not be so high that a company is forced to let go of workers because they can not pay their taxes. The government should lower taxes.
@9WLD5C711mos11MO
I lean toward support for tax breaks if they promote justice, the common good, and the dignity of workers. However, it would also caution against any policy that fosters inequality, corruption, or harm to the broader society.
@9W7TTRF11mos11MO
No , unless the business can identify to the higher ups that unfortunately they have failed but they wanna keep chasing there dream and not funding they after they blew all their business loans/money
@9VD934412mos12MO
Acredito que pode haver uma ordem executiva do Presidente dos EUA que incentive fiscalmente empresas específicas a manter empregos nos EUA. No entanto, não uma ordem no presidente, mas sim um incentivo fiscal que fica ao critério das empresas
@9V7CBB712mos12MO
Yes, after the fact. The role of tax credits in job creation should be as a reward for having done so.
Yes, but only for smaller companies, but for the larger ones, we need to increase the taxes and tariffs on outsorcing.
@9V47WFZ12mos12MO
No, and:
Lets see. $7000 per job. For how long? For how much time?
If you spend that $7000 per worker *ON THE WORKER*, instead of to the company, would you have gotten more out of it?
If companies were charged money to import products made in other countries instead of made in the USA, would that help? (This is a thorny "where was it made?" question, and is not easy to answer).
@9TYDH7B12mos12MO
No. This is a state issue not a federal one and the federal government and President should not I therefore with the rights of a state to incentivize businesses to remain or open in it
@9TQ269512mos12MO
No, giving tax breaks to companies will not encourage them to create more jobs but to increase their profits
I dont think its entirely fair for companies to throw people on the street especially during a recession, but i also dont want businesses to believe if they want tax breaks they can threaten peoples' jobs and livelihoods.
@9TGG23L1yr1Y
if the US really needs specific jobs to stay afloat and not crash then yes but if they are constantly going under and it is very important then they should get more funding
@9SVMR9F1yr1Y
No, not the president. That sounds like an authoritarian dictatorship. However, yes the government can offer offer incentives to keep corporations here. It is important that corporations contribute some taxes to pay for the infrastructure they use ( roads, power, etc.) if the employee that works there pays taxes, the company should too.
@9STG858 1yr1Y
No, but when a company outsources manufacture of goods, tax those specific goods as they enter the US, to incent US mfg.
@9SSYWCF1yr1Y
Eliminate corporate taxes on any business that operates and bases it's company in U.S. but increase tariffs on companies that choose to import to the United States and base and operate outside the U.S. and increase tariffs on exporting goods from the U.S.
No, and nationalize their company if they try to offshore. The people should come before some CEO's or shareholder's profit.
@9SQP6X21yr1Y
Add payback clauses that keep them in the US and penalize afterward if they leave - put it on a sliding scale that gives larger breaks early and smaller later
@9SM7GBG1yr1Y
Yes, but only for businesses that do not function as a corporation (they don’t have stock shares to sell nor do they offer bonds)
@9SM5NVJ1yr1Y
No, we need companies to stay in America to support our citizens and ensure US employees are getting paid appropriately.
@9SKMWNT1yr1Y
Yes, especially with regard to industrys which contribute to national security such as energy, infrastructure, defence, etc..
@9SFVT551yr1Y
Yes, but, increase taxes on large chain companies and offer greater support to the family-owned businesses
@9SDHS6LRepublican1yr1Y
As long as the companies are held to a standard to keep the economic impact they are promising to be able to keep the tax break.
@9S3V765Independent 1yr1Y
Yes, but with limitations on the amount. Also increase import tariffs and taxes on any company moving out of the US.
@9RZFLQM1yr1Y
Regardless, if it's an American company in a different country, it should be held to the same safety standards as it would be in the US.
@9RWV2ZZLibertarian1yr1Y
No, but deregulate industries such as manufacturing and oil drilling in order to make it financially viable
@9RS6MXVRepublican1yr1Y
The government should reduce the corporate tax rate to keep jobs in the US. The President should not have the power to give tax breaks.
@9RRTHL41yr1Y
Yes, but include regulations to ensure this doesn't lead to increased loopholes for corporate tax purposes.
@9RMB9T61yr1Y
If the company Instrumental to the state or federal economy, tax breaks should be allowed because it is in the best interest of the people in the community who stay relevant to that business. It contributes the local economy which intern contribute to the global economy
@9RLM5Y2 1yr1Y
It shouldn't be based on a specific company, but if there's a sector that we deem important we should be able to incentivize the sector.
@9RDLD4H 1yr1Y
Yes and no—I disagree with moving business overseas, but I think we should all have tax breaks; not just private companies
@9R9H9VP1yr1Y
Yes but only to companies or organizations that adhère to policies and are willing to bend the knee.
@7YS3KJPIndependent 1yr1Y
Yes; although I would prefer that these offers come from the states first with individual citizens' input.
@9R6TJCL1yr1Y
No, taxes should be lowered across the board to incentivize businesses to come back and/or stay in the U.S. which will increase jobs.
@9QZZGCS1yr1Y
No, increase taxes for wealthy businesses and provide other incentives for them to stay in the US instead.
@9QTWSNL1yr1Y
Yes, but there should a minimum of standards that company must follow for its employees to maintain tax breaks.
No, but the law should be amended to require that any outsourcing company lose the ownership of their factories, tooling, trademarks, and patents should they outsource more than 75% of their production, with those things going to the workers that were employed at those factories; additionally, tariffs should be raised on all finished goods that are not cultural imports (such as items unique to a specific country)
@9PJFYZD1yr1Y
only if there’s a guarantee that the tax break is going to go to the employees and not the CEO and shareholders
@9PDP9HV1yr1Y
Yes, but with guarantees that the companies will actually invest in US jobs instead of using the money for stock buybacks, executive bonuses, etc.
@9NV3CVZ1yr1Y
No, Open trade is good for our economy. Decrease taxes and tariffs on imports and develop faster, travel technologies to ensure the food and supplies gets here faster, and more fresh.
@Paculino 1yr1Y
No, increase tariffs for imports and/or taxes for domestic to make the cost equivalent, and use the money to fund foreign aid and wage subsidies.
@9MNBK5MProgressive1yr1Y
Yes, but only for those companies that treat their employees fairly, pay a living wage, and provide benefits
@9MDD3XT1yr1Y
Yes, moderately, and tariffs on outsourcing should take into account wages and conditions in the other countries and be flexible according to size of the business.
@9LY2CL91yr1Y
Simply make it illegal to deal any business in the US without a strong and focused US presence and manufacturing sector for your business.
@CreamDream 1yr1Y
No, and companies that leave the U.S. should be promptly replaced by nationalized corporations run by the same staff.
@9LNZDPR1yr1Y
Yes, but there should be a penalty if they do not hire the amount of people required for the tax breaks.
@9LLHW751yr1Y
No. The President does not have the power to change tax rates, nor should they. However, outsourcing jobs should come with a massive tax increase to offset the number of jobs lost.
@9LJ9R361yr1Y
No, it will encourage more private companies to make threats about job losses in exchange for tax breaks
@9LGT7RJ1yr1Y
All private companies should be abolished and nationalised, with every entity taxed at the same rate.
@9LG7G921yr1Y
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 1yr1Y
No, but companies should have to prove that there aren‘t qualified Americans to complete the functions of the job they are offering
@9L9KX7J1yr1Y
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 1yr1Y
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 1yr1Y
Yes, so long as the companies can prove that they have reason to need these tax breaks to keep their business running.
@9KZTL3S1yr1Y
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.
@9KTC98T2yrs2Y
Taxes should not be the primary reason for businesses choosing a location, the workers should have the final say.
@9KJ3D252yrs2Y
These companies that this is referring to make literally BILLIONS. Require them to pay livable wages and healthcare
@9KHD9C82yrs2Y
No. Keep gov't out of business. Abolish the IRS and the Federal Reserve. Companies keeping more can lower prices and pay employees more.
@9KGSBHQ2yrs2Y
The government should police the conduct of a business, but it should not be allowed to assist the business in the form of tax breaks.
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