Originally Posted By: Matter-eater Man
 Originally Posted By: BASAMS The Plumber
The reason the UAW guys were blasted so much is we were discussing why the Dems were now pro giving tax breaks to businesses and why it is just these specific businesses. Whether you admit it or not if these low interest loans go through to the Big 3 it's more class welfare by giving unionized business a specific break with our taxes.


From what I understand, Pelosi was talking about using part of the original bailout money to include the auto industry so it's really a case of spreading out the relief. There are some valid concerns when it comes to the auto industry. I saw an estimated loss of 150 billion in tax revenues over 3 years if the big 3 go away. It's not as simple as what I think some of you are making it out to be IMHO.


I'm not sure I like this trickle down economic theory of her's. Are we to believe if we give these companies tax money that this will create more revenue? It seems to me if anything we should be raising taxes on these wealthy industries.