A Cars forum. AutoBanter

If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.

Go Back   Home » AutoBanter forum » Auto makers » Honda
Site Map Home Register Authors List Search Today's Posts Mark Forums Read Web Partners

What about these gifts to Toyota



 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #11  
Old December 13th 08, 10:59 PM posted to alt.autos.toyota,rec.autos.makers.honda,alt.autos.gm,alt.autos.ford
Tim[_16_]
external usenet poster
 
Posts: 63
Default What about these gifts to Toyota

Hachiroku ハチ*ク wrote:
> On Fri, 12 Dec 2008 16:10:18 -0500, Tim wrote:
>
>> I don't think this is a loan, is it? It is giving Toyota the money to
>> pay these workers wages for 7 or 8 years, from the taxpayer and workers
>> themselves. This is what has to stop.

>
>
> It's called getting the manufacturer into your area. See, they aren't
> dumb. They know that 4,000 underemployed people put more of a drain on the
> system than giving the manufacturer a tax break. it works well because
> instead of having 4,000 people making minimum wage, paying taxes at the
> minimum wage rate, and often asking for assistance such as fuel assistance
> or Food Stamps, you now have 4,000 people paying IN taxes at a higher rate.
> While they may not be making as much as if they had 4,000 people paying
> higher taxes AND a corporation paying taxes, they are still coming out
> ahead.
>
> This is where 'trickle-down' works. Now you have 4,000 people with REAL
> wages and more disposable income, so more people are going to open shops
> in the area, and again the 'lost' taxes are more than compensated.
>
> So, they didn't really give anything away. They're probably laughing their
> asses off at Detroit.


So you pay $250,000.00 per job? So you use taxes to pay the wages from
which taxes are then deducted.
You must be an economist.
 




Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT +1. The time now is 03:14 PM.


Powered by vBulletin® Version 3.6.4
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Copyright 2004-2024 AutoBanter.
The comments are property of their posters.