Thursday, November 4, 2010

GM Could get $45 Billion Tax Break

GM Could receive a tax brake of up to $45 billion dollars despite its recent bankruptcy, say Wall Street Journal sources. Despite having cost the U.S. government billions of dollars in bail-out money and having fired a lot of its employees, the picture for America's industrial giant is starting to look a rosy. The company that was so close to being killed now might receive a parting gift from the government to help it on its way to a planned public re-listing.

Apparently, the tax benefit are...

Source: http://www.autoevolution.com/news/gm-could-get-45-billion-tax-break-26006.html

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