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  1. #16
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    Quote Originally Posted by behindmydesk View Post
    Not necc at all. Without looking at how many outstanding shares there were, if there were say 2 million at 93.62, but now they only have 1 million shares it could change things.
    That is a great point, and beyond that, the relative value of the dollar (inflation over time) makes a difference. If put together, it changes the entire picture.
    Here is the question of the day, does anyone think that wealthy people should pay a lower percentage of their income to taxes than middle class people? Don't argue tax brackets, just a simple question. Do you think someone earning 46 million dollars should pay a lower percentage of their income than say someone earning sixty thousand?

  2. #17
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    I don't see any difference here. GM was given a loan of a certain amount, and it needs to pay back that loan, plus interest, as it promised to do.

    All that needs to be done over time is to simply adjust the principal amount for inflation in order to ensure that we're not going to get screwed via getting back less because the value of the dollar has declined.
    "If [Republicans] were around when Columbus set sail, they must have been founding members of the Flat Earth Society." -- Pres. Barack Obama

  3. #18
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    Quote Originally Posted by DodgersFan28 View Post
    I don't see any difference here. GM was given a loan of a certain amount, and it needs to pay back that loan, plus interest, as it promised to do.

    All that needs to be done over time is to simply adjust the principal amount for inflation in order to ensure that we're not going to get screwed via getting back less because the value of the dollar has declined.
    Fair question. The loan was a small part of the infusion of money into GM. A larger part was the stock that the government owns. The money that is being discussed is a liquidation of stock that we own, not the loan.
    Here is the question of the day, does anyone think that wealthy people should pay a lower percentage of their income to taxes than middle class people? Don't argue tax brackets, just a simple question. Do you think someone earning 46 million dollars should pay a lower percentage of their income than say someone earning sixty thousand?

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