December 1, 2016

Carrier Will Get a Tax Break For Staying in Indiana

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Yesterday I warned everyone to keep an eye out for details about the size of the bribe that Carrier got from Donald Trump to stay in Indiana. We still don’t know that, but we do know a little bit more:

Carrier, the company that changed its plans to shutter a plant in Indianapolis and shift production to Mexico after talks with President-elect Donald Trump, confirmed Wednesday that it would receive financial assistance from the state of Indiana as part of the deal to keep the plant open.

….A statement from the company…“The incentives offered by the state were an important consideration.” The Indiana Economic Development Corp., a state agency, will grant Carrier a tax break in exchange for keeping the plant open, said John Mutz, a member of the corporation’s board and a former lieutenant governor.

How big a tax break? And what else will Carrier get? Stay tuned as we learn more details about how many taxpayer dollars are being spent in order to provide Donald Trump with a PR opportunity.

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