Re: Rumor Mill...

From: Robert Trottmann (rotrottmann@davidson.edu)
Date: Fri Nov 20 1998 - 01:23:30 EST


Where exactly do you get your information on Germany?
Sounds a little more extreme than I thought, thats all.
-robert

Walter_Felix wrote:

> German Taxes are much higher than in the US. Remember, Germany is
> basically a socialist society. One of the reasons they have such high taxes
> is because of the level of involvement the government has in everyday life,
> like universal health care, state funded education, guaranteed jobs and
> housing. An 18 year old kid can gets a job in a factory, and short of being
> a total screw up, never loose his job. If the company eliminates his
> position, they are required by law to provide him with another job within
> the company.
>
> One possible reason Daimler would not be able to move it's headquarters to
> the US is because German law also requires that one quarter of a
> corporation's board of directors be members of the worker's union. Moving
> their headquarters here would mean the union members would loose their
> controlling interest in the company. The union would not allow it.
>
> Walter Felix
> 88½ Dakota Sport 4x4
> WWW.GeoCities.Com/~Walter_Felix
>
> ><< Mad rumor has it that Daimler/Chrysler wants to move it's headquarters
> to
> > the United States (gee, I wonder where) to avoid paying German Taxes
> (which
> > are nearly double ours). >>
>
> >Nope. The reason it wasnt initially set up here is because German Tax law
> >for big business is cheaper than here.
> >Eric
> >Got my new DaimlerChrysler badge yesterday
> >

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