There are many things UTC, parent company of the now notorious Carrier company, could do to be a better corporate citizen. Instead of moaning about US Corporate income taxes, which they do everything possible to avoid paying, they could stand tall and proud and state that effective immediately, in order to decrease the heavy tax burden on American citizens, they will no longer accept any orders for goods and services, or contracts of any kind if the taxpayer is the unwitting customer. They can claim solidarity with the average working American and pull themselves by their own bootstraps and not accept any government money.
If they did this, they would lose almost $6,000,000,000 in annual sales revenue, their shareholders would revolt, their stock price would tank and the board would quickly seek to remove the CEO and probably the COO, CFO and any other executives complicit in this patriotic reduction in their revenue stream.
So while President-Elect Trump may be touting the success of his dealmaking ability, what he actually did was give United Technologies more taxpayer money as an incentive to stop them from making moves to avoid paying the same American citizens that fund their lucrative revenue stream, to which United Technologies responded by just laying off a few less Americans than they were originally planning to. But thanks for the $7,000,000 Mr. President-Elect. We’ll definitely spend it wisely, like buying back shares in our company so our wealthy shareholders get wealthier.
Capitalism: Ensuring the rich and connected stay rich and connected.