Harley Davidson shutting down US factory, moving jobs to Bangkok ................
- Thread starter Bourbon
- Start date
cawacko
Well-known member
Please elaborate
Boomers are about the only ones who can afford them anymore. Some of them cost as much as a high-end luxury car.
Guno צְבִי
We fight, We win, Am Yisrael Chai
so now keep jobs in American really doesn't mean actual jobs? 
Guno צְבִי
We fight, We win, Am Yisrael Chai
Harley-Davidson cut jobs, repurchased shares after tax cut
Recent evidence suggests that workers aren't getting much benefit from 2017's corporate tax cuts, and Harley-Davidson (HOG) looks like a prime example of employees getting left out in the cold.
The Republican tax law slashed the corporate rate to 21 percent from 35 percent, leading proponents to contend companies would use the windfall to increase their investments in labor or business expansions. That playbook isn't panning out so far.
After getting its taxes lowered, Harley-Davidson has announced a plant closing with the loss of 800 jobs, and it's buying back hundreds of millions of dollars worth of its outstanding shares.
https://www.cbsnews.com/news/harley-davidson-cut-jobs-repurchased-shares-after-tax-cut/
Recent evidence suggests that workers aren't getting much benefit from 2017's corporate tax cuts, and Harley-Davidson (HOG) looks like a prime example of employees getting left out in the cold.
The Republican tax law slashed the corporate rate to 21 percent from 35 percent, leading proponents to contend companies would use the windfall to increase their investments in labor or business expansions. That playbook isn't panning out so far.
After getting its taxes lowered, Harley-Davidson has announced a plant closing with the loss of 800 jobs, and it's buying back hundreds of millions of dollars worth of its outstanding shares.
https://www.cbsnews.com/news/harley-davidson-cut-jobs-repurchased-shares-after-tax-cut/
Guno צְבִי
We fight, We win, Am Yisrael Chai
Harley-Davidson took its tax cut, closed a factory, and rewarded shareholders
https://www.vox.com/policy-and-poli...rley-davidson-tax-buyback-kansas-city-factory
https://www.vox.com/policy-and-poli...rley-davidson-tax-buyback-kansas-city-factory
Guno צְבִי
We fight, We win, Am Yisrael Chai
Harley-Davidson took its tax cut, closed a factory, and rewarded shareholders
In September 2017, House Speaker Paul Ryan traveled to a Harley-Davidson plant in Menomonee Falls, Wisconsin, to tout the Republican tax bill, which President Trump would sign later that year. “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,” Ryan told workers and company leaders.
sucker rubes
https://www.vox.com/policy-and-poli...rley-davidson-tax-buyback-kansas-city-factory
In September 2017, House Speaker Paul Ryan traveled to a Harley-Davidson plant in Menomonee Falls, Wisconsin, to tout the Republican tax bill, which President Trump would sign later that year. “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,” Ryan told workers and company leaders.
sucker rubes
https://www.vox.com/policy-and-poli...rley-davidson-tax-buyback-kansas-city-factory
Sorry, you can't fall back on Obama. trump promised to punish companies that moved jobs overseas.
Correlation doesn't indicate causation, dummy. I'm waiting for trump to drop the bomb on HD since he vowed to punish companies that moved overseas.
cawacko
Well-known member
If I'm ready you correctly you don't think costs play a role in whether companies choose to stay in America or move production overseas?
Is there a point to this whiny screed?
Of course I think costs play a role but that wasn't my point. Did trump lie about punishing companies that move overseas?
"I'm going to do everything I can to unleash the power of the American spirit and to put our great people back to work," Mr Trump told a crowd of workers at the plant, with the presidential aircraft and the new Boeing jet behind him.
"This is our mantra: buy American, and hire American."
He repeated his campaign threat that any company that lays off American workers to move to another country will face a "substantial penalty" when trying to sell their products in the United States."
This will be fun to watch play out. I doubt if he does a thing.
cawacko
Well-known member
That's what you were referring to when you said correlation doesn't equal causation?
