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#11
December 14th 08, 04:09 AM
posted to alt.autos.toyota,rec.autos.makers.honda,alt.autos.gm,alt.autos.ford
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What about these gifts to Toyota
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. 
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