Trump would have America believe that he and Gov. Pence are wizardlike job-saving innovators with their $7 million tax bargain with United Technologies to save about 1,000 Carrier Corp. jobs — at a cost of $7,000 per job over ten years, and with the employee concession package remaining an x-factor in the deal.
In truth, Indiana has been handing-out corporate tax breaks like candy to multiple large and successful ventures, the bulk of them since 2011. Good Jobs First, a non-partisan, non-profit organization, tracks corporate subsidies. They report that Indiana is the sixth worst in the nation in terms of ceding revenues to the private sector. The state has forked-over nearly $8.3 billion in recent years to over 9,000 companies.
Below is a chart listing the top ten corporate welfare queens in the Hoosier State. Good Jobs First reports that the vast majority of these deals occurred in the past 5 years. For the full report click here.
Indiana’s top ten corporate welfare queens. Source: GJF
Pence has sucked his gullible boss into a scam.
Amy Kerr Hardin
I can’t wait to see the gulable employee taking a pay cut, don’t forget they don’t believe in minuim wage, or health care.
I didn’t vote trump, but get over it already, He is POTUS for now, hopefully only 4 years, but enough crying, and get some work done, like how to get blue collar workers to vote blue again. If the dems would back us, instead of treating us like a blank check, Trump would have lost.