How much taxes automakers typically pay in a year?

Discussion in 'Economics' started by crgarcia, Nov 24, 2008.

  1. I mean how much taxes the automakers pay the gov't in a typical year?
    Including making the cars, selling them, financing, etc?

    Of course, taxes aren't the only benefit provided to the American society by automakers.
  2. Ask this to calculate how many years worth of taxes is the $25B worth.

    Say 3 years, 5 years of taxes.
  3. ASav


    Why don't you do the research and then post the answer instead of posting this worthless thread. Start at Check their 10-Ks and report back!
  4. I've wondered this myself, if you factor in the taxes paid by the workers, among the other points you mentioned, Imo, the 25b is chump change and really a stimilus check.
  5. One year US autoworkers.

    Social security receipts would drop by $21.1 billon
    Personal income tax paid would drop by $24.7 billion
  6. So when did it become illegal to ask a question on ET before having the answer? There would be no need for the question then you idiot.
  7. The whole supply/sales/etc chain is probably much more...
    Maybe 10% of tax revenues (few hundred billion).
  8. Whether GM gets the bailout or not, I suspect apple pie will be looking for a bailout.