After cashing in on Trump's tax cut Harley Davidson is shutting down a US factory and moving jobs to Bangkok after cashing in on Trump’s 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.