General Motors record profits

azbullhunter

Active Member
Messages
386
General motors reported a 9.7 billion dollar profit for 2015. Most of the workers at their Kansas City plant to receive a $11,000 bonus. Nice news for treasury dept to receive income taxes on those bonuses.

In addition Home Depot announced they are hiring 80,000 temporary workers and that half of those would remain as long term employees. That is if they can find 80,000 people who want to work.
 
As usual DW takes the dumbest stand possible. the money we invested pays back every year in tax revenue we wouldn't see from imported cars built with foreign labor.


The US auto industry come back is the greatest success in the last 25 years.
















Stay Thirsty My Friends
 
Since GM was saved how much do you think
gm ,their workers and suppliers paid in federal, state and local income tax and how much in sales taxes to local businesses. That is a dumb question for you probably too difficult for you to comprehend. Sales tax on the record sales in 2015 amount to 8.9 sales tax in AZ. To help you over $4,000 on a $50,000 F-150
 
Give me 10 billion I'll generate a little revenue too. How bout instead of rubbing the taxpayers nose in it by bragging on the bonuses you're given your employees you just pay back the taxpayer?
 
You guys piss and moan about the measly million bundy owes the us taxpayer yet 10 billion GM owes the us taxpayer is no big deal?
 
264mag..GE is not Tax Exempt, they like so many large multinationals bury their overseas profits to avoid paying U.S. taxes.

http://www.huffingtonpost.com/2013/03/11/general-electric-taxes_n_2852094.html

While it is true that us taxpayers took a hit of $9.3 Billion on stock along with $1.2 Billion on Chrysler. In the end the American Taxpayers recouped the entirety of the TARP plus an additional $30 Billion offsetting any losses from the auto bailout.

The bailout may well be proving to be the best investment our nation has ever made.

So if one looks at the TARP as a whole the taxpayers made money and saved GM.

http://www.politifact.com/truth-o-m...says-automakers-have-paid-back-all-loans-it-/
 
I guess Home Depot can hire some of those workers from Wal Mart that is closing about 260 stores nationwide and all those workers out of a job.

RELH
 
Records sales is believable!

Any Records on how many of them Vehicles sold that are paid for?





[font color="blue"]"This is the USA where people get Paid to Watch
People that are
Watching You!"[/font]
 
Ugh!

Elk, when you buy a car do you buy it from the manufacturer or an independent dealership?

The dealerships buys the cars from the manufacturer, so once they leave to be delivered to the dealerships they are paid for.

Understand?
 
GM making record profits? Will there be a congressional investigation like there was when gas prices were over $4 a gallon and everyone was squealing about oil companies making money? I remember Sen. Feinstein was livid with big oil.
 
>Ugh!
>
>Elk, when you buy a car
>do you buy it from
>the manufacturer or an independent
>dealership?
>
>The dealerships buys the cars from
>the manufacturer, so once they
>leave to be delivered to
>the dealerships they are paid
>for.
>
>Understand?


Pay attention FTW!

I meant Sold at the DealerShips!

Sorry For Any Mass Confusion!:D





[font color="blue"]"This is the USA where people get Paid to Watch
People that are
Watching You!"[/font]
 
We can't do that eel there's entirely too many union democrat voters in that mix. Shhhhhh.
 
You guys are amazing you must be the only people in the country who come up with negative comments about record auto sales, a robust housing market, record gm profits which which accounts for lots of income taxes,low gas prices which acts like a tax decrease. You are upset because an armed criminal gets his death wish. What negative comment do you have on the killing of osamsa bin laden? Was he unjustly killed. Do you believe there were 120 rounds fired for 10 minutes in Oregon. That is what your star witness continues to say.
 
>You guys are amazing you must
>be the only people in
>the country who come up
>with negative comments about record
>auto sales, a robust housing
>market, record gm profits which
>which accounts for lots of
>income taxes,low gas prices which
>acts like a tax decrease.
>You are upset because an
> armed criminal gets his
>death wish. What negative
>comment do you have on
>the killing of osamsa bin
>laden? Was he unjustly killed.
> Do you believe there
>were 120 rounds fired for
>10 minutes in Oregon.
>That is what your star
>witness continues to say.


We're just smart enough to know that just cause we can see kernels of corn in that pile of chit don't make it a 5 course meal, it's still mostly chit! Bon Appetit!
 
Nice Homer ? it's great that GM is doing better. So the next logical question is , when will the Unions begin demanding pay/ benifit increases in order to drive the company back into the Red? I'd like to see GM pay back their part of our nations 19,000 Billion Dollar debt. Obama called GW unpatriotic with a national debt of @9 T.....???? He has doubled it in 7yrs.....what gives.. I actually watched the DNC debate tonight and free everything was offered BUT NOT a single question from Rachael Maddow or Chuck Todd on what these freebies do to our national DEBT. Liberalism IS a mental disorder!
 
>Those are sales to consumers

Well Ya!

If Consumers wasn't Buying any of them just how many of them would have GM Sold Anywhere?

Dealers Ain't Buyin them just to let them sit around on their Lots forever!




[font color="blue"]"This is the USA where people get Paid to Watch
People that are
Watching You!"[/font]
 
>well...I helped GM profit today

Keep Buying them Dirty Max's!

At 65K+, each one Helps!:D:D:D






[font color="blue"]"This is the USA where people get Paid to Watch
People that are
Watching You!"[/font]
 
Debt. Still paying off war debt first war waged with a tax cut and damn still there looking for WMD. By the way there was surplus until gw came into office would you agree. I put out facts that would make most people happy and you losers are mad. Do not blame others for your shortcomings
 
>Debt. Still
>paying off war debt first
>war waged with a tax
>cut and damn still there
>looking for WMD. By the
>way there was surplus until
>gw came into office would
>you agree. I put
>out facts that would make
>most people happy and you
>losers are mad. Do
>not blame others for your
>shortcomings
What the f#ck you call jets flying into buildings and taking out nearly 3000 humans in an hour?
 
LAST EDITED ON Feb-05-16 AT 01:08PM (MST)[p]"just cause we can see kernels of corn in that pile of chit don't make it a 5 course meal, it's still mostly chit!"

Good one!

Az...remember your audience, wingnuts, they all have posters of Mitch McConnell on their bedroom ceilings.

Good News + Democrat + Election Year = America is dying

As for the 9 Billion, I posted a link earlier to explain the tax structure for GM, there are no taxes due to previous loss offsetting.

We still reap a giant windfall from payroll and corporate taxes from GM and their suppliers.

Don't let the Debbie Downers bring you down, they just do not want to hear anything good about the country under this or any President with (D) in front of their name.

Remember, screw the American people it's all about the party.
 
>
>Remember, screw the American people it's
>all about the party.


Pretty much sums up the last 7yrs.
 
Trust me , no picture of McConnell on my wall. He is a major part of the nations woes . Where would you ever come to the misguided view that an 11k bonus won't stop Union leadership from demanding increased wages and benifits. Pay attention young man... Remember my mental disorder anaylasis . Can any of you libs hear explain how at least the question of the government handouts ( tax payer funded) of universal healthcare, free college, forgiveness of student loans was at least not brought forth for the candidates to explain with regard to effect on our national debt????? It's proven that a tax at whatever level of the 1% can not fund this crap. This is Not to mention mandates on employers for paid family leave. Don't you lefties on here at Least think it's a simple question that should be addressed? The left learning moderators are complacent in hiding this Very Important topics.
 
LAST EDITED ON Feb-05-16 AT 08:20PM (MST)[p]Well, I guess you could try and pray for an answer to your question. However, I think a simple 30 second Google search will enlighten your holiness with the knowledge you seek.

I'm guessing you suffer from cognitive dissonance so you really do not want the answers. The internet, it really can be used for more than just posting on MM and porn?

Maybe they'll tax the Churches, that would be a start.
 
Govt handouts like medicare and social security and free loaders not having insurance and getting free medical care those are the biggest govt handouts available.
 
264 history lesson for you The Iraq war was about chasing those made up WMD. Remember Gen. Powell's testimony to sell it
 
>264 history lesson for you
>The Iraq war was about
>chasing those made up WMD.
> Remember Gen. Powell's testimony
>to sell it
Spin it, you were still floating in your Daddy's ball sack when this was going on.
 
>General motors reported a 9.7 billion
>dollar profit for 2015.
>Most of the workers at
>their Kansas City plant to
>receive a $11,000 bonus.
>Nice news for treasury dept
>to receive income taxes on
>those bonuses.
>
>In addition Home Depot announced they
>are hiring 80,000 temporary workers
>and that half of those
>would remain as long term
>employees. That is if
>they can find 80,000 people
>who want to work.

Az, your blinded to the reality of what has happened in the past 7 yrs. You find reason to celebrate the .000000000000001 input into the federal revenues due to a few thousand GM workers getting a bonus. Lol. You find reason to celebrate 40k Home Depot minimum wage jobs lol. Sir , the truth is our unemployment number of 4.9 is a massive hoax on America. Multitudes ( literally) of folks no longer look for work and have been granted permanent employment from Uncle Sam ( that's the American taxpayer) Our nation is in Big Trouble my Freind
 

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