Wednesday, September 10, 2025

A Utah factory received tax breaks to create high-paying jobs. Soon it will furlough most of them.

Here's a story about the possible downside to "bringing manufacturing back to the US."

This company got tax breaks and hired people to good paying jobs. 

But the reasons for these job cuts aren't entirely clear.  If I'm reading between the lines correctly, it would seem the company got the tax breaks and decided to enjoy higher profits once they fulfilled their obligation on the length of time people had to be employed. 

In any case, the business environment where companies are encouraged to "self-regulate" while also allowing for obscene profits and rising prices is a recipe for disaster. 

And with limited competition due to import tariffs, guess who gets screwed?

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