There was a seven million dollar incentive to keep the Carrier jobs. Leftists are crying out about this. We are going to look at why this is actually still a good deal overall.
First, this company is employing 1000 people. The average salary at the company according to the video is $11 an hour which equates to $22,880 per year, plus they receive benefits. These employees are paying taxes and so too is the company. If you add up the entire 1000 incomes at an average of $22,880 per year, the total is $22,880,000 which stays in the local economy. Add to that what the business pays in taxes. By keeping the company from moving jobs, the money from the incentive will be paid back into the local economy very quickly.