AgeOfEnlightenmentSCP
Distinguished Associate
Joined: Dec 21, 2010 11:59:07 GMT -5
Posts: 31,709
Favorite Drink: Sweetwater 420
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Post by AgeOfEnlightenmentSCP on Feb 24, 2011 23:47:56 GMT -5
For Government Motors. I'd like my company to be singled out for favorable tax treatment. How is this even Constitutional? For that matter, how is any bailout Constitutional / equal protection under the law? Short story is this-- any company can take past losses and carry them forward-- except when you declare bankruptcy and walk away from debts-- in the case of GM $30 BILLION DOLLARS!!! money.cnn.com/2011/02/23/news/companies/gm_bailout/?cnn=yes
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workpublic
Junior Associate
Catch and release please
Joined: Dec 30, 2010 14:01:48 GMT -5
Posts: 5,551
Favorite Drink: Heineken
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Post by workpublic on Feb 25, 2011 8:41:41 GMT -5
"special" corporate welfare
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Post by privateinvestor on Feb 25, 2011 8:51:55 GMT -5
Yea but with the price of gasoline beginning to creep up again near $4.00 per gallon, and inflation raising it's ugly head again, GM may not be able to sustain these so called "Good Times" unless their sales for their Chevrolet Volt can bring in the megabillions they are hoping for..?? But that might be a few years away from now IMHO
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AgeOfEnlightenmentSCP
Distinguished Associate
Joined: Dec 21, 2010 11:59:07 GMT -5
Posts: 31,709
Favorite Drink: Sweetwater 420
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Post by AgeOfEnlightenmentSCP on Feb 25, 2011 9:03:28 GMT -5
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