Maybe Sanders won't need to write a bill after all...
Trump to Announce Carrier Plant Will Keep Jobs in U.S.
http://www.nytimes.com/2016/11/29/b...-carrier-plant-will-keep-jobs-in-us.html?_r=0
So now Sanders can write a bill so Trump keeps his promise on building a wall. We need to be consistent eh?
Maybe he should add the Wall because now Trump has said a wall across the border isn't needed.
But let's stick to the outsourcing issue and we can debate as to who's plan would make America great again for average Americans.....
Trump made a promise that he would
save all of these jobs, and we cannot rest until an ironclad contract is signed to ensure that all of these workers are able to continue working in Indiana without having their pay or benefits slashed.
In exchange for allowing United Technologies
to continue to offshore more than 1,000 jobs, Trump will reportedly give the company
tax favors.
Just a short few months ago, Trump was pledging to force United Technologies to “pay a damn tax.” He was insisting on very steep tariffs for companies like Carrier that left the United States and wanted to sell their foreign-made products back in the United States.
Instead of a damn tax, the company will be rewarded with a damn tax cut. Wow! How’s that for standing up to corporate greed? How’s that for punishing corporations that shut down in the United States and move abroad?
In essence, United Technologies took Trump hostage and won. And that should send a shock wave of fear through all workers across the country.
United Technologies is not going broke. Last year, it made a profit of
$7.6 billion and received
more than $6 billion in defense contracts. It has also received more than $50 million from the Export-Import Bank and very generous tax breaks. In 2014, United Technologies gave its former chief executive
Louis Chenevert a golden parachute worth more than $172 million. Last year, the company’s five highest-paid
executives made more than $50 million. The firm also spent $12 billion to inflate its stock price instead of using that money to invest in new plants and workers.
Does that sound like a company that deserves more corporate welfare from our government? Trump’s Band-Aid solution is only making the problem of wealth inequality in America even worse.
We need to re-instill an ethic of corporate patriotism. We need to send a very loud and clear message to corporate America: The era of outsourcing is over. Instead of offshoring jobs, the time has come for you to start bringing good-paying jobs back to America.
If United Technologies or any other company wants to keep outsourcing decent-paying American jobs, those companies must pay an outsourcing tax equal to the amount of money they expect to save by moving factories to Mexico or other low-wage countries.
They should not receive federal contracts or other forms of corporate welfare. They must pay back all of the tax breaks and other corporate welfare they have received from the federal government. And they must not be allowed to reward their executives with stock options, bonuses or golden parachutes for outsourcing jobs to low-wage countries.
https://www.washingtonpost.com/post...showed-corporations-how-to-beat-donald-trump/