GM CFO Says U.S. Border-Adjusted Tax Is 'Too Complex'

GM CFO Says U.S. Border-Adjusted Tax Is 'Too Complex'

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Business, Social Studies, Life Skills

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Hard

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The transcript discusses the potential impact of the border adjustment tax on the auto industry, particularly General Motors (GM). GM supports tax reform but finds the border adjustment tax complex. They aim to work with the administration to ensure reforms benefit the US economy and manufacturing. GM is engaged in discussions with the government on various issues, including tax reform. The company emphasizes its commitment to the US with significant investments and a strong manufacturing presence, while considering long-term decisions in response to political influences.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors does General Motors consider when making decisions about manufacturing locations?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has General Motors responded to President Trump's manufacturing job initiatives?

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