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To: jazusamo

” In addition to the $50 billion in taxpayer cash gifted to GM, a second gift came from the Obama team in the form of tax credits. About $45 billion of tax loss carry-overs were given to GM by Treasury as tax laws were changed to allow GM to benefit from credits they would not have normally received. GM is not expected to pay taxes for years as a result of the Obama Administration wanting to ensure future profitability for a company that would become the centerpiece of the presidential election. “

There you are.


9 posted on 10/18/2012 9:26:45 AM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: stephenjohnbanker

Yep, and you never hear a word about that out of Obama or his crony Dems mouths.


10 posted on 10/18/2012 9:33:39 AM PDT by jazusamo ("Intellect is not wisdom" -- Thomas Sowell)
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