Reply to thread

Message

<blockquote data-quote="John Roberts" data-source="post: 35594" data-attributes="member: 126">Re: Gibson raidedBecause they don&#039;t yet have free trade agreements with India, and elements in India fear they will be screwed by the westerners if granted free trade. Likewise we don&#039;t have free trade with foreign auto makers who have to build factories here to sell cars here competitively. I don&#039;t follow the logic of being against free trade because we don&#039;t have it yet? Even after NAFTA there are still trade issues with our immediate neighbors. One example of large corps not paying taxes recently are the huge losses taken by GE&#039;s and GM&#039;s finance divisions. These loses were large enough to cancel out the profits of their other divisions. I am not sure that this is wrong, but perhaps the carry forward to future years should be reduced to less than 100%. Not simple, but it is safe to say that very small companies don&#039;t have a finance division (FWIW Peavey did and they are not a huge company). No worries... I just try not to use too broad of a brush in such discussions. JR</blockquote>

[QUOTE="John Roberts, post: 35594, member: 126"] Re: Gibson raided Because they don't yet have free trade agreements with India, and elements in India fear they will be screwed by the westerners if granted free trade. Likewise we don't have free trade with foreign auto makers who have to build factories here to sell cars here competitively. I don't follow the logic of being against free trade because we don't have it yet? Even after NAFTA there are still trade issues with our immediate neighbors. One example of large corps not paying taxes recently are the huge losses taken by GE's and GM's finance divisions. These loses were large enough to cancel out the profits of their other divisions. I am not sure that this is wrong, but perhaps the carry forward to future years should be reduced to less than 100%. Not simple, but it is safe to say that very small companies don't have a finance division (FWIW Peavey did and they are not a huge company). No worries... I just try not to use too broad of a brush in such discussions. JR [/QUOTE]

Verification