So why not pay them to do nothing?

So why not pay them to do nothing? - Saab General Bulletin Board - Saabnet.com

The banner above is an advertisment - if it asks you to download software, please ignore.
Site News - 4/9 Saab Owners' Convention Day Pass Raffle | 3/26 M Car Covers (by State of Nine)

General Bulletin Board
[Subscribe to Daily Digest]

(Search Author's Posts: e.g. Keyword:username) *Members Only

[Main General Bulletin Board | BBFAQ | Prev by Date | Next by Date | Post Followup ] Member Login / Signup - Members see fewer ads. - Latest Member Gallery Photos
So why not pay them to do nothing? Posted by Tim (more from Tim) on Mon, 9 Dec 2013 18:54:28

In Reply to: Re: US gov sells rest of GM stock $ 10.5B loss, Cmyles

[Profile/Gallery] , Mon, 9 Dec 2013 18:24:38 Members do not see ads below this line. - Help Keep This Site Online - Signup

Your argument about them paying income taxes on receiving such money would equally apply, and would be equally invalid.

The existence or not of GM does not change the total revenue of the industry. If GM died, people would have bought cars from some other manufacturers filling the void. GM was and is probably less competent at turning that revenue into profit. That means, if you believe that the entire purpose of corporate existence and human existence is to fatten your beloved government with income taxes, your beloved government-god would still be better off having the void of GM filled by someone capable of generating more profit on the same revenue, hence capable of paying more income taxes.

posted by 71.87.216...

Posts in this Thread:

US gov sells rest of GM stock $ 10.5B loss, dtechakacheaptech, Mon, 9 Dec 2013 16:57:43
- Low hanging fruit, JMF, Wed, 11 Dec 2013 18:01:34
  - Re: Low hanging fruit, dtechakacheaptech, Thu, 12 Dec 2013 11:45:14
    - Re: Low hanging fruit, Steve T, Thu, 12 Dec 2013 12:21:59
      - Re: Low hanging fruit, dtechakacheaptech, Thu, 12 Dec 2013 12:51:57
- CAN I STOP YOU GUYS IF I'VE HEARD THIS BEFORE, No Snaab, Tue, 10 Dec 2013 15:18:13
  - Re: CAN I STOP YOU GUYS IF I'VE HEARD THIS BEFORE, dtechakacheaptech, Tue, 10 Dec 2013 15:45:07
    - Not the point, No Snaab, Wed, 11 Dec 2013 09:50:36
      - Re: Not the point, dtechakacheaptech, Thu, 12 Dec 2013 12:05:51
- In a surprise move to many, GM CEO quits, Bill Homer , Tue, 10 Dec 2013 14:47:54
  - HOWEVER..., Justin VanAbrahams , Tue, 10 Dec 2013 19:58:58
    - Timing seems strange for that..., MI-Roger , Wed, 11 Dec 2013 03:10:54
      - Re: Timing seems strange for that..., Justin VanAbrahams , Wed, 11 Dec 2013 11:59:28
        Well, Pontiac Motor's Plant #17 was the Fiero Plant..., MI-Roger , Wed, 11 Dec 2013 18:21:45
  - Well, this explains why the Gov't sold yesterday...., MI-Roger , Tue, 10 Dec 2013 15:09:51
    - So why doesn't Roger work on GM grounds anymore? nm, Norm9-5, Sun, 15 Dec 2013 06:38:59
- $10B to save an industry is chump change, Steve T, Tue, 10 Dec 2013 11:47:36
  - Re: $10B to save an industry is chump change, andym, Tue, 10 Dec 2013 18:59:46
  - "The ends justify the means", JerseySaab , Tue, 10 Dec 2013 13:14:53
  - Re: $10B to save an industry is chump change, dtechakacheaptech, Tue, 10 Dec 2013 12:59:53
  - Re: $10B to save an industry is chump change, Snowmobile , Tue, 10 Dec 2013 12:02:22
    - According to Bloomberg (not exactly a left wing source), Bill Homer , Tue, 10 Dec 2013 14:51:22
      - Center for Automotive Research, MI-Roger , Tue, 10 Dec 2013 15:11:54
        Certainly explains the quoted figures!, Bill Homer , Tue, 10 Dec 2013 16:07:00
- GM (like many us corp) has Billions in $$$ - $26.8 B, dtechakacheaptech, Tue, 10 Dec 2013 08:51:16
  - Re: GM (like many us corp) has Billions in $$$ - $26.8 B, ece_97, Thu, 12 Dec 2013 11:39:00
    - Re: GM (like many us corp) has Billions in $$$ - $26.8 B, dtechakacheaptech, Thu, 12 Dec 2013 13:47:54
  - That's why I would never buy a GM vehicle, JerseySaab , Tue, 10 Dec 2013 09:54:21
- Blame GM Leadership, MI-Roger , Tue, 10 Dec 2013 03:25:26
  - Re: Blame GM Leadership, dtechakacheaptech, Tue, 10 Dec 2013 04:35:10
- Re: US gov sells rest of GM stock $ 10.5B loss, Cmyles , Mon, 9 Dec 2013 18:24:38
  - So why not pay them to do nothing?, Tim, Mon, 9 Dec 2013 18:54:28 <-- Viewing This Message
    - BU2B, Snowmobile , Tue, 10 Dec 2013 07:16:12
      - Some GM stuff is actuallly good, Dan-O, Tue, 10 Dec 2013 10:29:54
    - Re: So why not pay them to do nothing?, Tom G , Mon, 9 Dec 2013 20:27:51
    - Won't someone please think of the children!?, Cmyles , Mon, 9 Dec 2013 19:02:18
  - Re: US gov sells rest of GM stock $ 10.5B loss, pete , Mon, 9 Dec 2013 18:52:33

Members do not see ads below this line. - Help Keep This Site Online - Signup

Post a Followup

No Site Registration is Required to Post - Site Membership is optional (Member Features List), but helps to keep the site online
for all Saabers. If the site helps you, please consider helping the site by becoming a member.

Name: Member Login / Signup - Members see fewer ads. - Latest Member Gallery Photos
E-Mail: (Optional)
Re-Enter E-Mail: (Confidential & Secure - Not revealed to other users!)
Note: Please check your spam folder for BB responses.

Subject:

Posting rules are simple - No for sale/wanted ads may be posted here - use the site classifieds.
You may not cross-post your message to multiple BBs.
Not permitted: political/religious topics and being disrespectful (personal attacks, insults, etc...).
Site Members do not see any red text, inline ad links, bottom of page anchor ads, box ads, or anti-spam check.

Message: (please no for sale/wanted classifieds - post those in the Saabnet.com Classifieds)
Links are now automatically made active, no need for any special code (or use the Option Link field below) - don't put links in () or end with a '.'
To add inline images to your post, use [img]http://www.domain.com/img.jpg[endimg] (or use the Optional Image Link field below).

Links are now automatically made active, no need for any special code (or use the Option Link field below) - don't put links in () or end with a '.'
To add inline images to your post above, use [img]http://www.domain.com/img.jpg[endimg] (or use the Optional Image Link field below).
Optional Link: (e.g. http://www.saabnet.com/)
Link Title: (Optional)
Optional Photo/Image Link: (e.g. http://www.saabnet.com/img.jpg)
Photo/Image to Upload: (Please be patient while file uploads)

Prev by Date: Re: US gov sells rest of GM stock $ 10.5B loss, pete, Mon, 9 Dec 2013 18:52:33
Next by Date: Won't someone please think of the children!?, Cmyles, Mon, 9 Dec 2013 19:02:18
Main General Bulletin Board

StateOfNine.com

SaabClub.com

Jak Stoll Performance

M Car Covers

Ad Available

The content on this site may not be republished without permission. Copyright © 1988-2024 - The Saab Network - saabnet.com.
For usage guidelines, see the Mission & Privacy Notice.
[Contact | Site Map | Saabnet.com on Facebook | Saabnet.com on Twitter | Shop Amazon via TSN | Site Donations]

Random Saabnet.com Member Gallery Photos (Click Image)

This is a moderated bulletin board - Posting is a privilege, not a right. Unsolicited commercial postings are not allowed (no spam). Please, no For Sale or Wanted postings, SERIOUSLY. Classifieds are to be listed in The Saab Network Classifieds pages. This is a problem solving forum for over 250,000 Saab owners, so expect to see problems discussed here even though our cars are generally very reliable. This is not an anything goes type of forum. Saabnet.com has been a moderated forum since 1988. For usage guidelines, see the Saabnet.com Mission and Purpose Page. Please remember that you are not anonymous. Site Contact | Site Donations | Other Sites by SP - Poverty2Prosperity.org | Run Club Menlo Park | ScreenBot

Site Members do not see red text instructions, bottom of the page anchor ads, or box ads.
Click here to see all the Site Membership Benefits!

The content on this site may not be republished without permission. Copyright © 1988-2024 - The Saab Network - saabnet.com. For usage guidelines, see the Mission & Privacy Notice. [Contact | Site Map | Saabnet.com on Facebook | Saabnet.com on Twitter | Shop Amazon via TSN | Site Donations]

The content on this site may not be republished without permission. Copyright © 1988-2024 - The Saab Network - saabnet.com.
For usage guidelines, see the Mission & Privacy Notice.
[Contact | Site Map | Saabnet.com on Facebook | Saabnet.com on Twitter | Shop Amazon via TSN | Site Donations]