A mathematical breakdown of why the deal Trump made with Carrier is PURE GENIUS
by Ykana1
by
The deal announced today states that Carrier will keep 1,069 jobs in the US in exchange for $7 million , over 10 years, in tax breaks from Indiana. These jobs on average make about $30 an hour. Full time workers on average work 2,087 hours a year so that means 1,069 (2087)($30) gives you approximately $67 million dollars in income a year. The state tax rate in Indiana is 3.3% so $67 million (0.033) gives you about $2.2 million dollars in state income a year while the state is only giving Carrier a $700,000 tax break a year. Indiana is getting a 300% return, per year, on their investment. This doesn’t take into account the extra flow of money into the economy and Carrier’s plan to invest $16 million into the plant itself. Liberals who are complaining about this deal need to learn basic math.
Sources: http://www.bankrate.com/finance/taxes/state-taxes-indiana.aspx
http://www.google.com/amp/amp.usatoday.com/story/94781008/?client=safari
Trump literally saved Christmas for thousands of kids whose parents can afford presents now… St.Trump!
Carrier CEO confirms 10,000 upcoming jobs besides the 1,000 saved jobs
