@ISIDEWITHQuestionseconomyStarted 8yrs agoActive 4hrs 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.

+
Expand
+ Settings x  King (Washington)

Toggle voterbase

Statistics are shown for this demographic

Answer Overview

Response rates from 1.2k King voters.

52%
Yes
48%
No
49%
Yes
35%
No
4%
Yes, and drastically increase taxes and import tariffs on outsourcing businesses
6%
No, but drastically increase taxes and import tariffs on outsourcing businesses
6%
No, the government should not interfere with the free market

Historical Support

Trend of support over time for each answer from 1.2k King voters.

Loading data...

Loading chart... 

Historical Importance

Trend of how important this issue is for 1.2k King voters.

Loading data...

Loading chart... 

Other Popular Answers

Unique answers from King 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…4yrs4Y

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.

 @B4FCJW4 from Georgia  answered…5 days5D

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

 @B3J54FS from Illinois  answered…1mo1MO

The government should make a fairer trade playing field to support domestic manufacturing, reduce deficits, ban unfair trade practices, and to induce a more competitive market.

Latest News

Stay up-to-date on the most recent “Domestic Jobs” news articles, updated frequently.

 @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.

▲  299 replies

Popular Conversations

Join in on the most popular conversations.

 @ISIDEWITH submitted…2mos2MO

China Blacklists U.S. Companies In Trade War Escalation

China's blacklisting of PVH (Calvin Klein, Tommy Hilfiger) and Illumina marks the first time American companies with major Chinese operations have been targeted on national security grounds, signaling an escalation in trade tensions.The blacklisting came in response to Trump's imposition of additional 10% tariffs on Chinese imports, alongside Beijing launching an antitrust probe into Google.A record 30% of American Chamber of Commerce member companies were considering or already moving operations out of China, according to a recent survey.China's "unreliable entity list," introduced in 2020, mirrors the US "entity list" and could result in fines, trade bans, and restrictions on staff movement for targeted companies.PVH, which derives 6% of revenue and 16% of pre-interest/tax income from China, was specifically targeted over alleged "unreasonable boycotting" of Xinjiang cotton.The blacklisting's implications remain unclear, leaving approximately 1,000 PVH employees in China uncertain about their future.China's Commerce Ministry has declined to specify potential sanctions, stating only that companies operating with integrity have "nothing to worry about."The move contradicts China's public stance on wanting more foreign investment, creating increased uncertainty for multinational companies operating in the country.The blacklisting strategy appears selective, with China typically avoiding targeting market leaders to minimize domestic employment impact.US companies were already struggling to navigate rising Beijing-Washington tensions before this latest escalation in trade conflicts.

▲  2011 replies

 @ISIDEWITH submitted…4mos4MO

America’s Housing Market Is Crushing First-Time Buyers

It takes more money than ever to buy a home in America right now. And nearly a third of home buyers navigating the high mortgage rates, rising home prices and low inventory are somehow buying their homes entirely in cash.The share of home buyers paying all cash reached 33 percent through August this year, according to data from Redfin — one of the highest rates since the years following the Great Recession.As cash purchases have become more common, the median age of home buyers has been ticking up and now stands at 56 years old, according to NAR’s data from July 2023 to this June. Even for first-time buyers, the median age has risen to 38 compared to 35 last year.Many of the all-cash buyers are selling previously owned homes to fund their moves. But the rise of cash buys is making it even harder for first-time home buyers. Between July 2023 and June 2024, the share of first-time home buyers in the market was only 24 percent — a historic low.“If it’s a multiple offer situation, it’s likely going to be hard to beat an all-cash offer,” said Jessica Lautz, deputy chief economist for the National Association of Realtors. Cash offers often move quicker and are seen as less risky for the sellers.And the struggle to break into the housing market may not ease anytime soon — property experts surveyed by Reuters expect affordability to get worse for first-time buyers over the next year.

▲  148 replies