In Reply to: Re: Look around posted by Dean on November 27, 2018 at 11:53:23:
'Winter is Coming'
“GM’s timing on this outrageous decision could not have been worse,” he said in a statement. “On the same day GM is laying off workers in Youngstown, the company is bypassing American workers and sending more jobs to Mexico. GM should reverse this irresponsible decision, and use its tax windfall to invest in American workers.”
The statement from Brown noted GM benefited from the national tax reform Republicans implemented earlier this year.
Brown’s office said GM was “able to bring their $6.9 billion in overseas cash back to the U.S. at less than half of the tax rate the corporation would formerly have paid and immediately deduct the cost of any new investments in plant and equipment.
“Despite these tax cuts and the company’s record revenues as reported in their 2016 SEC filing, GM is still moving forward with these layoffs,” Brown added.
Individual #1 won Mich by only 0.2% just 10,704 votes. That state will turn BLUE in 2020