08-04-2009, 07:38 PM | #1 | |
Drives: 5.4 3v Join Date: May 2009
Location: The Lake
Posts: 194
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GM's $16B tax shelter - Not paying federal taxes for years to come
http://online.wsj.com/article/SB1000...298525294.html
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08-04-2009, 08:08 PM | #2 |
E.B.A.H.
Drives: you wild... Join Date: Mar 2007
Location: In the happy padded room wearing a jacket that makes me hug myself...
Posts: 18,421
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old news. GM is 60% shareholder owned and 40% union owned, not owned byt he government anymore.
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08-04-2009, 08:21 PM | #3 |
Account Suspended
Drives: Cargo van. Join Date: Jul 2009
Location: Metal Metal Land
Posts: 1,247
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If the govt had been hooking up the us car companies with tax breaks instead of giving millions of dollars of incentives to foreign competitors maybe they wouldnt be where they are right now.
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08-04-2009, 08:26 PM | #4 |
Blessed
Drives: 2013 Sonic RS MT Join Date: Dec 2007
Location: Saint Augustine FL
Posts: 28,444
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That is an extremely valid point.
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08-04-2009, 08:32 PM | #5 |
Drives: 5.4 3v Join Date: May 2009
Location: The Lake
Posts: 194
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08-04-2009, 09:23 PM | #6 |
I used to be Dragoneye...
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woah...slow down. Did I miss something?
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08-05-2009, 09:10 AM | #7 |
Drives: 5.4 3v Join Date: May 2009
Location: The Lake
Posts: 194
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08-06-2009, 03:14 PM | #8 |
Drives: 96 Bronco w/ a 5 speed Join Date: Mar 2007
Location: PNW
Posts: 296
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08-06-2009, 03:20 PM | #9 | |
Drives: 96 Bronco w/ a 5 speed Join Date: Mar 2007
Location: PNW
Posts: 296
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Quote:
http://jalopnik.com/5274260/who-owns-the-new-gm |
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08-07-2009, 07:07 AM | #10 |
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BINGO. That would be correct.......Oh and don't forget some of those factory's have already closed........
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08-07-2009, 09:39 AM | #11 | |
Drives: 5.4 3v Join Date: May 2009
Location: The Lake
Posts: 194
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Quote:
I wish GM the best but this whole "Government Motors" thing stinks to me. |
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