Some things are harder to swallow than a Big Gulp — Facebook
❝ Sarah Palin, the Republican party’s 2008 vice-presidential cax candidate, warned Donald Trump against “crony capitalism” in the wake of Thursday’s deal to use tax incentives to keep 800 jobs at a Carrier Corp. factory in Indianapolis from moving to Mexico.
“When government steps in arbitrarily with individual subsidies, favoring one business over others, it sets inconsistent, unfair, illogical precedent. Meanwhile, the invisible hand that best orchestrates a free people’s free enterprise system gets amputated. Then, special interests creep in and manipulate markets,” she wrote on the Young Conservatives website, posted Friday. “Republicans oppose this, remember? Instead, we support competition on a level playing field, remember? Because we know special interest crony capitalism is one big fail.”
❝ President-elect Donald Trump and Vice-President-elect Mike Pence, who is still the governor of Indiana, visited the Carrier factory Thursday after Indiana gave parent United Technologies $7 million worth of tax breaks over 10 years to keep the factory open. Several hundred jobs will still be eliminated…
“Cajole only chosen ones on Main St or Wall St and watch lines stretch from Washington to Alaska full of businesses threatening to bail unless taxpayers pony up,” she concluded. “The lines strangle competition and really, really, dispiritingly screw with workers’ lives.”
While Aunt Sarah rambles on with the usual Reagan rant about needing tax giveaways for all corporations – neither TeaPublicans like Palin nor the financial press seem to make anything of the fact that Trump is also a shareholder invested in UTX, United Technologies.
He’s giving himself the tax breaks, after all.