Originally Posted by
frantic
We've been through the figures before, but it boils down to for every dollar the Govt subsidised the car industry it saved/made between 2.5 and 3 dollars.
The car companies pay GST and tax when making a profit. They employ around 100-200,000 who all pay tax and spend their pay paying more GST, and other taxes. This figure alone is more than the support abbot cut. Then you factor in welfare to all those who are now unemployed and again that figure is greater than the support scheme that was cut. End result, more unemployed and needy.
Would you stop an investment plan that reduces your costs and increases your income by 2.5 times the amount you invested? We did:eek: