What about these gifts to Toyota
Hachiroku ハチ*ク wrote:
> On Sat, 13 Dec 2008 22:38:05 -0500, News wrote:
>
>
>>>Only problem is, Toyota makes a *profit*.
>>>
>>>YEah, setting up a company that operates at a loss is pretty stupid,
>>>isn't it?
>>>
>>>
>>
>>Profit or loss is not the issue.
>>
>>The issue is municipalities issuing incentives to steal other
>>municipalities' businesses and tax revenues.
>>
>>Not even a zero sum game, a race to the bottom.
>
>
> How do you figure?
>
> Toyota is still turning a profit even though sales are down.
>
> GM shows a loss on the auto business when cars are selling. They make
> their money on financials.
>
> Toyota keeps people employed even when the plant is shutdown.
>
> All that adds up to taxes coming in.
>
Yes, and less taxes, less services, less disposable income, less
charity, less, less, less, less.
Enjoy your race to the bottom. First one there loses, big time.
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