ShaklesOfBigGov
Restore the Republic
Fail! - Lies! - Car companies are not paying taux in this country.
Oh I'm sure Ford never has to be concerned about the corporate tax rate.
the effect was a $612 million hit to net income, Shanks said.
In its Asia and Africa region, where the company is spending billions to expand in China and India, Ford posted a $95 million first-quarter loss.
Ford profit falls, tax rate rises - MarketWatch
Ford profit falls, tax rate rises - Washington Post
Care to try that one again?
Notice how you lie & divert from Chrysler to Ford! Ford like the other companies are still tax leach. They are subsidized because we have socialism for auto companies in this country to offset 25% import tax in China. OMFG Ford says they may have to pay $612 million in tax.
Hey dumbass!! If you are going to leave a reply, at least have the common sense to be able to follow the discussion on a thread. I was replying to Seawytch's comment regarding Chrysler by bringing what I knew about Ford also building in China INTO the discussion.
I had seen the same thing coming from Ford actually. Exactly why now are you finding FORD, then JEEP, choosing China to start building it's next production plant? Where are all the big plans to invest capital into a large assembly line in the United States, to look to American workers? Could it be government regulations? What are the tax rates for businesses that are established and BUILT in the United States, compared to simply investing in China?You idiots need to read the original politifact article. It talked about Jeep manufacturing autos in China...for the Chinese.
Ford also did not need a bailout in 2009 as they were already in a better financial position than GMC OR Chrysler. Where in the world did you get this loony dumb idea that Ford would close its doors if the other automakers (Chrysler, GMC) didn't receive THEIR bailout from the government? Did you really hit your head that hard?