Quote:So what about carriers competition, what right does the state have to make exclusive tax brackets? Where is the authority to tax one company at one rate and another company in the same industry at another rate?


This is dangerous territory if we're now setting a precedent that the federal government should negotiate taxes one in one.r remember Donald won't always be president at some point it'll be a Democrat would you still be comfortable with a Democrat deciding which companies get tax breaks and which don't?


You want carrier to stay ok make unilateral movea to roll back regulations and taxes across the board but we shouldn't bargin special deals for special people, that's not a free market.

 

Technically, it was Mike Pence.  The deal has three components. 

 

1.) State Tax abatement. That's what Mike Pence negotiated as the sitting governor and Just about every state in the Union offers them to certain companies. 

 

2.) Federal regulatory and Tax reform.  This is broad based across the board.

 

3.) Hey United Technologies, about those federal contracts that make up 10% of your annual revenue. 

 

I am not disagreeing with you in the least.  I think that taxes should be consumption based period.  I also think that when you make this kind of inducement it should be across a sector not for a specific company, I get all that. 

 

At the same time a.) the 700k a year tax abatement is nothing close to the promise of growth, regulatory reform tax reform, and oh yeh 10% of their annual revenue and isn't going to make that big a difference in Carriers sector. 

 

My point is simply, let's not make Perfect, the enemy of great.  The Journey to a fully consumption based tax system starts with a  single step!

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