Msg. 60628 of 65535 (This msg. is a reply to
60622 by
oldCADuser)
Jump:
OCU> the dividends paid to them as stockholders (for which they only pay 15% income tax and NO Social Security or Medicare taxes).
OCU,
How many times do I gotta call you a half wit for
not recognizing that you should also be taking
advantage of this preferential tax treatment?
And if GM and Chrysler had gone belly up . . .
Ford and Toyota would have bought their factories
cheap . . expanded production, and kept the supply
houses in business.
And as was explained before, the Ford family would not even consider it since this would have forced Ford to first declare bankruptcy which would have cut off the only source of income most of Ford heirs are living on, the dividends paid to them as stockholders (for which they only pay 15% income tax and NO Social Security or Medicare taxes). And what do you think would have happened to Ford if GM and Chrysler HAD folded? It would have wiped out thousands of suppliers who also provide components to Ford. Ford would have gone down the drain too, just a few months later, that's all, but not before the Ford family had striped the company of its assets and stashed them away in their Swiss bank accounts, were Mitt Romney is hiding his money.
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