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Remington leaving NY


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3 hours ago, btq96r said:

Feel for the people there.  This wasn't their fault and they are going to get all the economic impact.

You're right. 

In many circumstances one could just say, "Well, that's what they get for electing the liberal leaders that they do."  However, New York state is a different beast.  Much of the population of the state are conservative in their views and voting.  But, the cesspool of NYC is such a massive juggernaut that it sways the states voting to the left regardless of what the folks in the hinterlands want.  

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Many of the major gun companies were started in CT, Mass, and NY and were supposed to be great places to work. As in they really took care of their workers. I like to think many of them stayed in that area because of the workers. But financially it doesnt make sense. I moved here from CT, and the taxes in those states are insane. Average houses pay $6, 7, 8k a year in property taxes plus your cars, bikes, etc etc etc. Heating and cooling your house up there cost 2-3 times what we pay here. I dont see how many of those companies CANT afford to move.

 

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On 2/22/2024 at 3:36 PM, Tom B said:

Many of the major gun companies were started in CT, Mass, and NY and were supposed to be great places to work. As in they really took care of their workers. I like to think many of them stayed in that area because of the workers. But financially it doesnt make sense. I moved here from CT, and the taxes in those states are insane. Average houses pay $6, 7, 8k a year in property taxes plus your cars, bikes, etc etc etc. Heating and cooling your house up there cost 2-3 times what we pay here. I dont see how many of those companies CANT afford to move.

 

It's a huge decision for a company to move their operations, especially one so centered around their manufacturing equipment like a gun company.  One they'd rather not make if it can be avoided.

The difference in corporate tax rate isn't as drastic as the personal income tax.  I think the political climate drove the decision just as much.  A company wants to feel protected to do their thing, and as good as Remington was to the state of NY, that feeling was gone.  Same story with Springfield in Massachusetts. 

Again, sad days for those workers who did everything right.

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