Next, Washington imposed a corporate tax rate of 35 percent, raking off another 15 percent of autoworkers’ wages in Social Security payroll taxes
State governments imposed income and sales taxes, and local governments property taxes to subsidize services and schools.
Thanks. I forgot that part. Why would government support Big Three trying to bust the union or lessen it's choke hold when congress was looking at dollar signs. The pyramid is collapsing. Congress never sees any tax as being harmful. The only way foreign owned companies are making it is because of workers willing to make lower but reasonable wages. I would apply that standard to CEO’s as well. Sure they should get higher pay {not over six digit figures per year & such be limited by shareholders but not the government} but not obscene pay especially while their company is going down the tubes.
Greed on three sides {Union, government, management} is killing the U.S. automotive industry. None want to give in an inch but all three want to give themselves OUR money.