The "new" "successful" GM: not only screwing workers, but evading property taxes.

[Hannah Bell]

Letter to the Kokomo Tribune:

Dear Mr. de la Bastide:


The coordinated labor & community-undermining efforts of GM Holdings, LLC and Delphi are inadequately being explained or investigated...Inadequate treatment, as with the sale of the CTC building (back) to Delphi for ONE DOLLAR: This was an obvious ploy to evade taxes. In the meantime, the Tribune ran a story explaining that Delphi was 'BUILDING" in Kokomo.
In fact, Delphi is CLOSING a large facility (ERC) and in its stead will erect a small lab and make some interior remodeling changes inside the CTC building. That is DOWNSIZING, not BUILDING...

The deliberate attempt by the two companies is obvious: to lower their property assessments even further and dump the residual property tax burden onto already-overwhelmed county and city governments and (remaining) residents...

Except, perhaps for some executive staff jobs, both the salaried and hourly jobs being created by Delphi at Morgan Street pay far less in wages and benefits. That was not the intention of the Federal Grant money: this is blatant subterfuge: in lay terms, FRAUD. The result is an aggregate net-loss of income, jobs, and tax revenues.

While Delphi adds new workers at near-Wal-Mart economic levels, GM reciprocally cuts workers who could have done that work-- in most cases workers who already accepted wage and benefit cuts up to half what they originally earned. The workers now being herded out were former Delphi employees who were orphaned to GM and are now being shut out of their contractual rights and are facing movement out of the community or outright unemployment.

In every respect, Delphi and GM Holdings, LLC, are giving the workers, the community and local governments— and the state and federal taxpayers— a HOSE JOB, and the Tribune has been completely lax in bringing that to the attention of the public...

http://www.factoryrat.com/factoryrat/modules.php?name=Forums&file=viewtopic&t=12645

[Greyhound]

1. Another "Nobody could've predicted moment". K&R

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