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Automotive News & Views United Automobile Workers of America (UAW)
16701 messages, Last post on Nov 20, 2009 at 3:39 AM
You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires
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Replying to: gagrice (Dec 06, 2008 8:07 pm) Treasury Secretary Henry Paulson Jr. failed to mention that these big banks who swallowed the small banks would also be allowed to write of the little banks debt. The financial world was fixated on Capitol Hill as Congress battled over the Bush administration's request for a $700 billion bailout of the banking industry. In the midst of this late-September drama, the Treasury Department issued a five-sentence notice that attracted almost no public attention. But corporate tax lawyers quickly realized the enormous implications of the document: Administration officials had just given American banks a windfall of as much as $140 billion. The sweeping change to two decades of tax policy escaped the notice of lawmakers for several days, as they remained consumed with the controversial bailout bill. When they found out, some legislators were furious. Some congressional staff members have privately concluded that the notice was illegal. But they have worried that saying so publicly could unravel several recent bank mergers made possible by the change and send the economy into an even deeper tailspin. http://www.washingtonpost.com/wp-dyn/content/article/2008/11/09/AR2008110902155.- html |
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Replying to: dallasdude1 (Dec 07, 2008 7:52 am) Sure, I can see it. I can also see that unions have morphed into businesses that provide services to customers in return for payments. Just as H&R Block claims that it can get me a larger refund if I pay it to prepare my tax returns, so unions claim that they can secure higher pay if workers pay them for representation. That's why I'm not anti-union. I see unions as businesses - part of the service industry. There's nothing special about unions today - no reason to join hands & sing "Solidarity".
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Replying to: jimbres (Dec 07, 2008 6:15 am) However, this was all about the Japanese auto maker giving their employees $10,000 in bonus and 0 for GM. As if the bonus is superior to GWI, from an employees point of view. We weren't discussing the pros or cons to the employer, but we all know they want to demonize all thats UAW here. Blinded by the fact that our whole economy is not going to be better if the UAW jobs go away and or the fact that we can't afford to do away with anything in our current situation.
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Replying to: jimbres (Dec 07, 2008 8:38 am) Surely you can google the average union/non union wages? Funny you should mention tax refunds, USA Today sent the same tax papers to 10 different preparers, and they got 10 different returns...........Thats worth mentioning. http://www.uaw.org/publications/jobs_pay/01/0901/jpe05.html |
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Replying to: gagrice (Dec 07, 2008 6:22 am) For eons, Japan had tariffs on food, to protect its agri industry. This was stealing from the consumer. All industries should be considered. Few people even know that MAZAK has all but taken the machine tool industry over. Highly skilled workers lost jobs and these ain't your typical autoworkers either.
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Replying to: gagrice (Dec 07, 2008 8:20 am) They get bought by the welfare people on the South Side of Chicago. I have not bought a pair of shoes made in China. I am hoping my stock of US made shoes and sandals will last the rest of my life. Some have holes in the soles. If you own a pair of shoes made in China you have no room to complain. Same goes for all those UAW workers that shop at WalMart. New Balance, no super star endorsement, American made, and no child labor. |
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Replying to: dallasdude1 (Dec 07, 2008 7:52 am) I disagree and would like to see how you come up with that number. The rest of the post - unions were very valuable 100 or 75 years ago. Today workers have huge safety nets and rules provided by the federal government. Unions are hurting our competitiveness rather than helping it. |
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Replying to: iluvmysephia1 (Dec 07, 2008 8:16 am) Why don't you just ship the entire manufacturing base to China and get it over with? Unfortunately we can't ship out those Wally World jobs. Yeah, we require that the illegals they hire to clean out the stores not be locked inside, people be allowed to take breaks, women be given equal opportunity, and did I forget something? The geature of hiring a greeter, old or handicap isn't really necessary to keep up PR/good corporate image. http://walmartwatch.com/
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Replying to: tlong (Dec 07, 2008 9:15 am) First, remember we still have loop holes for both people and corporations. Then too we are double taxed, somewhat in that both shareholder and corporation pay taxes. They are straight forward and thats cheap compared to Europe. Germany being the most socialist country. So, unlike Americans they aren't as wasteful. Thats a very conservative number. Nissan quoted 34%. Japanese Corporate tax A corporation in Japan is required to file returns, pay tax and supply details of the computation of taxable income to the Japanese tax office. The place of tax payment of a domestic corporation is the place where its head or main office is located. In case of a foreign corporation, the place of the payment is where the corporation's main permanent establishment or estate in Japan is located. For a corporation whose capital exceeds JPY 100million, a tax rate of 30% is applicable to all of the ordinary income. For a corporation whose capital amounts to JPY 100million or less, a tax rate of 22% is applicable up to JPY 8million and a tax rate of 30% to the remainder of the ordinary income. A corporation is required to file a final tax return within 2 months after the end of its business year. A final tax return must be accompanied by the balance sheet, profit and loss statement and other documents describing items necessary for calculating its ordinary income, undistributed income and the corporation tax due. If the ordinary income shows a net loss, the net loss can be carried forward to the five succeeding years, which is deductible from the income of each business year. Foreign corporations, which do not have their head office in Japan are classified for tax purposes as follows: Foreign corporations carrying on business through a branch office are subject to corporation tax on their entire income sources in Japan. Foreign corporations carrying on business not through permanent establishments but through an agent in Japan who has the authority to conclude contracts or important activities are subject to corporation tax on the income derived from a business in Japan. http://www.acojapan.com/japanesetax.htm http://www.mof.go.jp/english/zei/report2/zc001d02.htm
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Replying to: gagrice (Dec 06, 2008 8:07 pm) http://www.foxnews.com/politics/2008/09/21/paulson-urges-quick-action-billion-ba- ilout-plan/ Replying to: Most of the country sees overpaid....... Yes, Dealer Auto mechanics do make a good salary. They get a work order for a certain repair. That repair by the hour book says this job pays say, three hrs. If the mechanic finishes the job in one hour, he gets paid for three hours, as does the Dealer. Yes warranty work is paid less. But is usually shared among the workers. unless they are able to give it to the mechanic who actually did the work. But Auto Assemblers have it much easier. THEY ARE THE OVERPAID, OVER BENEFITED WHINERS.
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