I think one could argue that past negotiations certainly have an effect on future ones.
I think one could argue that past negotiations certainly have an effect on future ones.
Yeah. FCA and UAW are royally fucked if this goes bad. GM probably gets to void their new contract too.
This is the correct take.
I don’t think it’s pitting GM and FCA against each other, it’s FCA actively bribing senior execs at UAW to ensure they get a favorable contract ensuring lower hourly wages, thus creating the unfair practice against GM.
“Regardless, while $50ish million certainly isn’t nothing. It’s not a huge deterrence. Certainly won’t help GM this year after the strikes.”
I’m sure GM is really worried about losing $50M in sales to CA. GM did $147B in revenue in 2018!!! That is .00034%.
Wait, you think you can just sell some amount of stock in a private corporation on an annual basis when it’s convenient? lol.
christ. how about the netherlands. Their corporate and cap gains taxes are wildly generous.
Europeans and Canadians do not really pay some crazy higher amount in taxes than we do. Their corporate income taxes are incredibly friendly as well. Warrens plan is to significantly raise the taxes on super rich people. I hear Holland and Switzerland are wonderful places to live.
Canada, western europe, northern europe?
While I don’t disagree, there has never been a truly significant increase in any taxes here in the last 50 years, so there really hasn’t been a reason. This, however, would qualify as significant.
I mentioned it before to you, but honestly, how on earth are you going to value every single closely held private business. You’d have to do everyone, right, otherwise how would you know if they are above or below a $50m valuation.
good luck valuing a closely held private corporation as well. They might not all be ‘billionaires’ but there’s a shit ton of them in the $50m - $500m world.
That’s not how life works. Private business owners can’t just take a large percentage of their company and liquidate it in the name of diversification. Anyone talking about this thinks that people only hold stock in public corporations, when there are tons of rich people that have ‘stock’ in their own business and…
What if your money isn’t liquid? Like, your worth is derived almost entirely from the stock you own in your privately held corporation?
“or at least some anti-droid prejudice”
For the love of god. please tell me jalopnik is neither dead nor required to ‘stick to cars’
There’s about a 2% chance an FCS player gets drafter. So, what’s the difference?
To be fair, I’ve heard just as many liberals say the same thing about trumps presidency.