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If what you say is true the Americans that work in all assembly plants paid
taxes to the states and federal governments. Seems like GM did not pay any
federal corporate income tax for 2005 since they had a loss. Ford paid
federal corporate income tax, of around 41%, on two billion. Toyota like GM
paid no federal corporate income tax but earned a profit in the US of 11
Billion. Guess who made of for the taxes GM and Toyota did not pay? One
other difference the workers in the union plants like those operated by GM,
Ford and the GM/Toyota plant in California earned a lot more money and had
much better benefits and pensions. ;)

mike hunt


"Ray O" <rokigawa@tristarassociatesDOTcomn> wrote in message
news:2e568$44440169$44a4a10d$23097@msgid.meganewsservers.com...[color=blue]
>
> "Geoff Miller" <geoffm@u1.netgate.net> wrote in message
> news:e20tjj$e73@u1.netgate.net...[color=green]
>>
>>
>> Dan J.S. <smeski@gmail.com> writes:
>>
>> Okay, good point. Local jobs are undeniably a Good Thing. But
>> even after purchasing all those parts and paying all those sal-
>> aries, profits are still going someplace. Where that place is,
>> it seems to me, is the bottom line, whoever else benefits.
>>
>>
>>
>> Geoff
>>[/color]
>
> GM lost $8.6 billion in 2005 and Ford made around $2 billion, Toyota made
> around $11 billion.
>
> How does your logic apply in this case?
> --
>
> Ray O
> (correct punctuation to reply)
>[/color]