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General Motors Company Message Board

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  • the_stock_warrior the_stock_warrior Oct 16, 2011 11:27 PM Flag

    Aren't all of you proud

    Our government will get $ back went they sell their GM stock.

    Not all of it right away, but in the long run they'll get reoccuring tax "revenue" from taxes on GM's profits, taxes from GM employees paying income taxes, and taxes from GM stockholders paying taxes on their dividends. Plus taxes from all the other business which benefit from having GM around.

    Although I prefer the government not meddle in the markets, I think it was in the national interest to step in this time to fix at least some of the systemic financial screwup for which both parties were to blame.

 
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