[h=1]After cashing in on Trump's tax cut[/h]Harley Davidson is shutting down a US factory and moving jobs to Bangkok after cashing in on Trump’s tax cut
https://www.rawstory.com/2018/05/ha...y-moving-jobs-bangkok-cashing-trumps-tax-cut/
Despite President Donald Trump’s claim that massive tax cuts will boost U.S. employment numbers, motorcycle manufacturer Harley Davidson instead announced a plant closing, followed by a massive stock buy-back and is now shifting some jobs to Thailand.
In a deep dive into happenings at the Milwaukee-based manufacturer of highly-coveted motorcycles, Vox discovered employees and union leaders who believe that they were betrayed by the company which prides itself on its reputation for American-built products.
According to the report, in 2017 House Speaker Paul Ryan (R-WI) hyped up proposed Republican tax cuts, telling workers in his home state, “Tax reform can put American manufacturers and American companies like Harley-Davidson on a much better footing to compete in the global economy and keep jobs here in America.”
However, after the GOP delivered on their proposal, executives announced the closing of a plant in Kansas City, Missouri — with 800 workers losing their jobs as some operations were moved to a York, Pennsylvania facility- leading to a net loss of 350 positions. According to union leaders, they never saw it coming.
https://www.rawstory.com/2018/05/ha...y-moving-jobs-bangkok-cashing-trumps-tax-cut/
Despite President Donald Trump’s claim that massive tax cuts will boost U.S. employment numbers, motorcycle manufacturer Harley Davidson instead announced a plant closing, followed by a massive stock buy-back and is now shifting some jobs to Thailand.
In a deep dive into happenings at the Milwaukee-based manufacturer of highly-coveted motorcycles, Vox discovered employees and union leaders who believe that they were betrayed by the company which prides itself on its reputation for American-built products.
According to the report, in 2017 House Speaker Paul Ryan (R-WI) hyped up proposed Republican tax cuts, telling workers in his home state, “Tax reform can put American manufacturers and American companies like Harley-Davidson on a much better footing to compete in the global economy and keep jobs here in America.”
However, after the GOP delivered on their proposal, executives announced the closing of a plant in Kansas City, Missouri — with 800 workers losing their jobs as some operations were moved to a York, Pennsylvania facility- leading to a net loss of 350 positions. According to union leaders, they never saw it coming.
