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	<title>Comments on: LG Chem Announces $303 Million Investment to Build Volt Battery Plant in Michigan</title>
	<atom:link href="http://gm-volt.com/2010/03/12/lg-chem-announces-303-million-investment-to-build-volt-battery-plant-in-michigan/feed/" rel="self" type="application/rss+xml" />
	<link>http://gm-volt.com/2010/03/12/lg-chem-announces-303-million-investment-to-build-volt-battery-plant-in-michigan/</link>
	<description>Real-time news, information, and discussion about the Chevrolet Volt.</description>
	<lastBuildDate>Sat, 26 May 2012 08:46:28 +0000</lastBuildDate>
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	<item>
		<title>By: pjkPA</title>
		<link>http://gm-volt.com/2010/03/12/lg-chem-announces-303-million-investment-to-build-volt-battery-plant-in-michigan/#comment-182802</link>
		<dc:creator>pjkPA</dc:creator>
		<pubDate>Mon, 15 Mar 2010 12:54:54 +0000</pubDate>
		<guid isPermaLink="false">http://gm-volt.com/?p=3264#comment-182802</guid>
		<description>What will the VOLT cost in Korea?   
Will GM be able to build plants is Korea?
Would the Korean government give GM 150 million to build a plant in Korea?
How much money will be sucked out of our economy by these plants?
How many American jobs will be lost by this money going to Korea?
Why doesn&#039;t DOE support American companies?</description>
		<content:encoded><![CDATA[<p>What will the VOLT cost in Korea?<br />
Will GM be able to build plants is Korea?<br />
Would the Korean government give GM 150 million to build a plant in Korea?<br />
How much money will be sucked out of our economy by these plants?<br />
How many American jobs will be lost by this money going to Korea?<br />
Why doesn&#8217;t DOE support American companies?</p>
]]></content:encoded>
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	<item>
		<title>By: ECO_Turbo</title>
		<link>http://gm-volt.com/2010/03/12/lg-chem-announces-303-million-investment-to-build-volt-battery-plant-in-michigan/#comment-182674</link>
		<dc:creator>ECO_Turbo</dc:creator>
		<pubDate>Sun, 14 Mar 2010 11:48:37 +0000</pubDate>
		<guid isPermaLink="false">http://gm-volt.com/?p=3264#comment-182674</guid>
		<description>&lt;blockquote cite=&quot;comment-182549&quot;&gt;

&lt;strong&gt;&lt;a href=&quot;#comment-182549&quot; rel=&quot;nofollow&quot;&gt;koz&lt;/a&gt;&lt;/strong&gt;: Trying to make propulsion lofted flight compete in efficiency with rail transport is pissing up the physics rope. Rail is by far the most efficient transport between two discrete points. The issue is not in the efficiencies since rail blows air transport away, but rather in the freedom of movement. If suficient mass needs to be transported between two discrete locations with sufficient frequency, then rail becomes the most economic method. This is a good thing and should be embraced intelligently. Why so many people are so adamantly against rail under any circumstances is a big head scratcher for me.&#160;&#160;&lt;a title=&quot;Click here or select text to quote comment&quot; href=&quot;void(null)&quot; rel=&quot;nofollow&quot;&gt;(Quote)&lt;/A&gt;
&lt;/blockquote&gt;
Two questions come to mind:

1. Are you volunteering your backyard for a high speed rail?

2. A logical progression of your thinking would be to replace Volt and Malibu type vehicles  with subways and buses. Is this what you are advocating?</description>
		<content:encoded><![CDATA[<blockquote cite="comment-182549">
<p><strong><a href="#comment-182549" rel="nofollow">koz</a></strong>: Trying to make propulsion lofted flight compete in efficiency with rail transport is pissing up the physics rope. Rail is by far the most efficient transport between two discrete points. The issue is not in the efficiencies since rail blows air transport away, but rather in the freedom of movement. If suficient mass needs to be transported between two discrete locations with sufficient frequency, then rail becomes the most economic method. This is a good thing and should be embraced intelligently. Why so many people are so adamantly against rail under any circumstances is a big head scratcher for me.&nbsp;&nbsp;<a title="Click here or select text to quote comment" href="void(null)" rel="nofollow">(Quote)</a>
</p></blockquote>
<p>Two questions come to mind:</p>
<p>1. Are you volunteering your backyard for a high speed rail?</p>
<p>2. A logical progression of your thinking would be to replace Volt and Malibu type vehicles  with subways and buses. Is this what you are advocating?</p>
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	<item>
		<title>By: Dan Petit</title>
		<link>http://gm-volt.com/2010/03/12/lg-chem-announces-303-million-investment-to-build-volt-battery-plant-in-michigan/#comment-182628</link>
		<dc:creator>Dan Petit</dc:creator>
		<pubDate>Sun, 14 Mar 2010 01:16:36 +0000</pubDate>
		<guid isPermaLink="false">http://gm-volt.com/?p=3264#comment-182628</guid>
		<description>&lt;blockquote cite=&quot;comment-182446&quot;&gt;

&lt;strong&gt;&lt;a href=&quot;#comment-182446&quot; rel=&quot;nofollow&quot;&gt;Tagamet&lt;/a&gt;&lt;/strong&gt;: 
Shoot. The Mayan calendar says 2012 is pretty much when time runs out. Just our luck (g).
Be well,
Tagamet
&lt;b&gt;No ER, No Sale!&lt;/b&gt;&#160;&#160;

&lt;/blockquote&gt;
The Mayan calendar is written on a cube of stone.
Just tip it on the side, and then you have a whole (probably) blank facing for the writing of our own futures (LOL) (/&quot;thinking out of the box&quot; (lol).</description>
		<content:encoded><![CDATA[<blockquote cite="comment-182446">
<p><strong><a href="#comment-182446" rel="nofollow">Tagamet</a></strong>:<br />
Shoot. The Mayan calendar says 2012 is pretty much when time runs out. Just our luck (g).<br />
Be well,<br />
Tagamet<br />
<b>No ER, No Sale!</b>&nbsp;&nbsp;</p>
</blockquote>
<p>The Mayan calendar is written on a cube of stone.<br />
Just tip it on the side, and then you have a whole (probably) blank facing for the writing of our own futures (LOL) (/&#8221;thinking out of the box&#8221; (lol).</p>
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	<item>
		<title>By: Starcast</title>
		<link>http://gm-volt.com/2010/03/12/lg-chem-announces-303-million-investment-to-build-volt-battery-plant-in-michigan/#comment-182600</link>
		<dc:creator>Starcast</dc:creator>
		<pubDate>Sat, 13 Mar 2010 21:45:36 +0000</pubDate>
		<guid isPermaLink="false">http://gm-volt.com/?p=3264#comment-182600</guid>
		<description>I&#039;m Sorry I shouldn&#039;t blame MSNBC. You could be a government worker many of them do not think Corp income tax effective the cost either. Run a business and you will learn very quickly to include the cost of income tax.</description>
		<content:encoded><![CDATA[<p>I&#8217;m Sorry I shouldn&#8217;t blame MSNBC. You could be a government worker many of them do not think Corp income tax effective the cost either. Run a business and you will learn very quickly to include the cost of income tax.</p>
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	<item>
		<title>By: Starcast</title>
		<link>http://gm-volt.com/2010/03/12/lg-chem-announces-303-million-investment-to-build-volt-battery-plant-in-michigan/#comment-182599</link>
		<dc:creator>Starcast</dc:creator>
		<pubDate>Sat, 13 Mar 2010 21:31:49 +0000</pubDate>
		<guid isPermaLink="false">http://gm-volt.com/?p=3264#comment-182599</guid>
		<description>&lt;blockquote cite=&quot;comment-182453&quot;&gt;

&lt;strong&gt;&lt;a href=&quot;#comment-182453&quot; rel=&quot;nofollow&quot;&gt;DonC&lt;/a&gt;&lt;/strong&gt;: Let’s use an example a US company that manufactures goods in India and sells them in the US (or elsewhere, makes no difference):1. The US company pays federal income tax on its world wide income. Doesn’t matter where the goods are made. Doesn’t matter where they are sold. It also pays income tax in the country in which it does business. The specifics are controlled by tax treaties but essentially it will get a tax credit against US taxes for income taxes paid overseas.2. This means the tax rate in India can increase but not decrease the amount of taxes owed. If the effective US rate is 6%, then it will pay a minimum of 6% UNLESS the Indian tax rate is higher, say 15%, in which case it will pay the higher 15% Indian rate.So how exactly would the federal tax rate influence whether a company manufactures onshore or offshore?When I see statements like “lower income taxes lower jobs,” my thought is that someone is drinking way too much Fox News/talk radio Kool-Aid, because the claim on its face is oversimplified at best and just plain crazy at worst.&#160;&#160;&lt;a title=&quot;Click here or select text to quote comment&quot; href=&quot;void(null)&quot; rel=&quot;nofollow&quot;&gt;(Quote)&lt;/A&gt;
&lt;/blockquote&gt;

The world is not a simple as you make it out to be. If the US company buys the product from a company from China and imports it the only US income tax it pays is on the mark up. No Us tax is paid by the Manfacture of the product.

All our exports are subject to our US income tax. Bottom line as I showed clearly in my example Corp income tax effects the price of a product. 

I can see you and I will never agree on this so lets just agree we disagree. When ever I hear the kind of arguments your making the person has likley been watching way to much MSNBC.</description>
		<content:encoded><![CDATA[<blockquote cite="comment-182453">
<p><strong><a href="#comment-182453" rel="nofollow">DonC</a></strong>: Let’s use an example a US company that manufactures goods in India and sells them in the US (or elsewhere, makes no difference):1. The US company pays federal income tax on its world wide income. Doesn’t matter where the goods are made. Doesn’t matter where they are sold. It also pays income tax in the country in which it does business. The specifics are controlled by tax treaties but essentially it will get a tax credit against US taxes for income taxes paid overseas.2. This means the tax rate in India can increase but not decrease the amount of taxes owed. If the effective US rate is 6%, then it will pay a minimum of 6% UNLESS the Indian tax rate is higher, say 15%, in which case it will pay the higher 15% Indian rate.So how exactly would the federal tax rate influence whether a company manufactures onshore or offshore?When I see statements like “lower income taxes lower jobs,” my thought is that someone is drinking way too much Fox News/talk radio Kool-Aid, because the claim on its face is oversimplified at best and just plain crazy at worst.&nbsp;&nbsp;<a title="Click here or select text to quote comment" href="void(null)" rel="nofollow">(Quote)</a>
</p></blockquote>
<p>The world is not a simple as you make it out to be. If the US company buys the product from a company from China and imports it the only US income tax it pays is on the mark up. No Us tax is paid by the Manfacture of the product.</p>
<p>All our exports are subject to our US income tax. Bottom line as I showed clearly in my example Corp income tax effects the price of a product. </p>
<p>I can see you and I will never agree on this so lets just agree we disagree. When ever I hear the kind of arguments your making the person has likley been watching way to much MSNBC.</p>
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