Under FairTax, the competitive advantages of foreign car manufacturers disappear, and GM has all the incentive to keep jobs and corporate headquarter operations in the USA, not to mention everybody wanting to hold GM stock since there are no more income tax consequences for selling GM stock or dividend payments on GM stock! The result is obvious: the UAW won't have to worry about "outsourcing" of production, and GM don't have to worry about paying taxes on the revenue generated to the company.
They won’t need to worry about paying taxes anyway. They’re never going to make a dime of profit. Neither will Chrysler.