Quote: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!

Carrier is still shifting jobs to Mexico. To make things even worse Huntington which is a very small town in Indiana is losing 700 employees.


Also the 10% government contracts held by UTC is consumed mostly by the F-135 Engine. Good luck killing that contract. That threat is hollow as capital hill wouldn't support Trump on that.

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