@ISIDEWITHQuestionseconomyStarted 8yrs agoActive 2wks ago

Should the government provide tax incentives to private companies to keep jobs within the country?

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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Answer Overview

Response rates from 336 American Solidarity voters.

41%
Yes
59%
No
39%
Yes
40%
No
2%
Yes, and drastically increase taxes and import tariffs on outsourcing businesses
11%
No, the government should not interfere with the free market
8%
No, but drastically increase taxes and import tariffs on outsourcing businesses

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Trend of support over time for each answer from 336 American Solidarity voters.

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Trend of how important this issue is for 336 American Solidarity voters.

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Other Popular Answers

Unique answers from American Solidarity voters whose views went beyond the provided options.

  @mechanicalloser from Texas  answered…1yr1Y

We should ensure that economic practices and policies are just, support the common good, and help the poor and marginalized

 @9D56QCZ from Arizona  answered…2yrs2Y

Yes, for small businesses only

 @9SGS2K2 from Kansas  answered…8mos8MO

Yes but only if that industry is vital to our national interest/defense. They should also increase taxes on outsourcing businesses

 @8DBHMQ3from Pennsylvania  answered…5yrs5Y

Corporate taxes should be eliminated

 @8HJCDXK from Colorado  answered…5yrs5Y

No, Presidents don't make tax policy.

 @8NP97STfrom Oregon  answered…4yrs4Y

Dismantle any and all regulations that hinders potential economic growth, encouraging businesses to continue operations in India.

 @8X7C94T  from Utah  answered…2wks2W

Depends on the company. Sometimes yes but it's a complicated issue with a lot of pieces and effects

 @B4FCJW4 from Georgia  answered…2wks2W

Yes, but the president needs to impose tariffs on all of the countries who have ripped off the United States.

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 @ISIDEWITH submitted…6mos6MO

The data says the US economy is strong. Swing-state voters disagree.

The US labour market has remained strong even while inflation has plunged from its 2022 peak. In September, the unemployment rate fell back to 4.1 per cent — higher than last year but still historically low. Even so, some warning signs have flashed for the economy. The number of Americans pursuing a second job is rising. So is the number of people unemployed for 15 weeks or longer. Credit card delinquencies are up, as people burn through cash handed out by the government during the pandemic. “People don’t feel as secure now,” said Paul Isely, an economics professor at Grand Valley State University in Michigan. “Even if lots of other markers in their life are better off, they know that they are consuming past their means, whereas before it was hidden by the fact that they had these excess savings.”Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of“Here’s the problem: inflation is the rate of increase and [that] has slowed, but the public’s focus is on the absolute price,” the president of Western Michigan University said. “It takes a lot for the price level to come down. That would be a recession and deflation, so it’s not quite clear you really want that.”For residents in the state’s most populous area — spanning Detroit, Warren and Dearborn — everyday costs are now much higher and still rising. Inflation jumped to almost 10 per cent in 2022 and was still above 3 per cent as of August, according to federal data.That has left housing-related expenses up 36 per cent since Biden entered office. Petrol is more expensive than under Trump. Grocery prices have risen 25 per cent in the past four years.

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 @ISIDEWITH submitted…3mos3MO

Supreme Court Clears The Way For Trump Sentencing

Donald Trump will face sentencing over his New York “hush money” conviction on Friday, after the US Supreme Court declined to grant him a last-minute reprieve.The decision will force the president-elect to face public proceedings in the criminal case that he has fought strenuously to avoid. His lawyers had appealed to the high court on Wednesday to postpone the proceeding, claiming that allowing it to go ahead days before his inauguration would create a “constitutionally intolerable risk of disruption to national security” and interfere with his efforts to get his 34 felony convictions overturned.In a 5-4 decision handed down just hours before the sentencing was set to go ahead in a state court in lower Manhattan, a majority of the justices declined to do so, saying “the burden that sentencing will impose on the president-elect’s responsibilities is relatively insubstantial” especially as Trump was unlikely to face any prison time. They added that any issues with the evidence presented at trial — some of which Trump’s lawyers have claimed was inadmissible — “can be addressed in the ordinary course on appeal”.Trump-appointed Justice Amy Coney Barrett joined Chief Justice John Roberts and the three liberals on the bench in refusing to grant Trump’s appeal.Trump said in a post on Truth Social that he appreciated the Supreme Court’s time but vowed to continue fighting the case. “For the sake and sanctity of the Presidency, I will be appealing this case, and am confident that JUSTICE WILL PREVAIL,” he said.Lawyers representing Trump did not immediately respond to a request for comment.Trump’s sentencing was repeatedly postponed while he mounted his third campaign for the White House and pursued various appeals against his conviction. Last week Judge Juan Merchan, who oversaw the “hush money” trial in New York earlier this year, finally set a firm date, in order to bring what he called “finality to this matter”.Trump will probably not face any punishment when he is sentenced, however, as the judge previously indicated he would not impose a fine or condemn Trump to prison time.

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 @ISIDEWITH submitted…5mos5MO

Chaos in Europe: Germany’s Government Collapses As Trump Returns

Germany’s coalition government collapsed on Wednesday after Chancellor Olaf Scholz sacked his finance minister Christian Lindner, plunging the eurozone’s largest economy into political chaos hours after Donald Trump’s victory in the US presidential election.Scholz told reporters he would table a confidence vote in parliament on January 15, which most observers expect him to lose. That will pave the way for snap elections in March.Lindner’s sacking and the departure of his pro-business Free Democrats (FDP) from the government brings the curtain down on a deeply unpopular coalition that had become a byword for discord and acrimony.It leaves a void at the heart of Europe just as concern is growing in EU capitals over what a second Trump presidency will mean for transatlantic relations.Germany and the rest of Europe now face a long period of uncertainty they can ill-afford as they brace for a trade war with the US while trying to fend off a growing economic threat from China.In a blistering statement delivered in the chancellery, Scholz blamed Lindner for the breakdown of the government, calling him “selfish” and “irresponsible”. He said he “cared only about his own clientele and the short-term survival of his own party”.The trigger for Lindner’s dismissal was a dispute over next year’s budget. The three coalition partners — Scholz’s Social Democrats (SPD), Lindner’s FDP and the Greens — could not agree on how to plug a €9bn hole in spending plans ahead of a meeting of parliament’s budget committee next week.However, the conflict became overlaid with deeper ideological divisions over how to deal with Germany’s economic downturn and how much public debt the government is legally allowed to raise.Scholz said he had asked Lindner to agree to loosen Germany’s “debt brake”, a cap on new borrowing which is enshrined in the constitution and which the SPD and Greens have long wanted to reform.That would have allowed Germany to take on more debt and so boost its support for Ukraine, at a time when fears are growing Trump might cut aid to Kyiv once installed in the White House.Scholz said he had also proposed capping network charges to bring down energy prices for industrial companies, creating incentives for businesses to invest, and passing a package of measures to safeguard jobs in the car industry, which faces more competition from China.

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 @ISIDEWITH submitted…6mos6MO

Trump’s Puerto Rico Problem Erupts in Pennsylvania: Latino Voters Fire Back

Donald Trump has a serious Puerto Rico problem — in Pennsylvania.Many Puerto Rican voters in the state are furious about racist and demeaning comments delivered at a Trump rally. Some say their dismay is giving Kamala Harris a new opening to win over the state’s Latino voters, particularly nearly half a million Pennsylvanians of Puerto Rican descent.Evidence of the backlash was immediate on Monday: A nonpartisan Puerto Rican group drafted a letter urging its members to oppose Trump on election day. Other Puerto Rican voters were lighting up WhatsApp chats with reactions to the vulgar display and raising it in morning conversations at their bodegas. Some are planning to protest Trump’s rally Tuesday in Allentown, a majority-Latino city with one of the largest Puerto Rican populations in the state.And the arena Trump is speaking at is located in the middle of the city’s Puerto Rican neighborhood.“It’s spreading like wildfire through the community,” said Norberto Dominguez, a precinct captain with the local Democratic party in Allentown, who noted his own family is half Republican and half Democratic voters.“It’s not the smartest thing to do, to insult people — a large group of voters here in a swing state — and then go to their home asking for votes,” Dominguez said.The timing couldn’t be worse for Trump. Almost a week before Election Day, he’s pushing to cut into Harris’ margins among Latinos, especially young men who are worried about the economy. But the comments from pro-Trump comedian Tony Hinchcliffe Sunday night, referring to Puerto Rico as a “floating island of garbage,” has reverberated throughout Pennsylvania and elsewhere, prompting even the former president’s Republican allies to defend the island and denounce the comments. And with the race essentially a toss up, every vote counts — especially in Pennsylvania.“This was just like a gift from the gods,” said Victor Martinez, an Allentown resident who owns the Spanish language radio station La Mega, noting some Puerto Rican voters in the area have been on the fence about voting at all.

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