General Motors Tac Popular Q&A

Q: Are 401(k) Losses in General Motors Stock Tax Deductible?
A: It is possible to recover some of the loss when writing off losses in your GM stock. This is because losses from a 401(k) plan are deducted from your income, gi... Read More »

Q: Why doesn't General Motors just keep the taxes from their employe...
A: They would have to eventually pay the employees taxes so how would that help? Read More »

Q: How much money did the General Motors bailout cost investors and ...
A: Something about $70 billion into GM and Chrysler at the monent. and it keeps increasing. We may get some of it back, but not anywhere near what we've put it. Read More »

Q: Who Started General Motors?
A: By 1910, Durant had collected Buick, Ewing, Elmore, the Rapid and Reliance trucks, Oldsmobile, Cadillac, Buick, Sheridan and Oldsmobile as separate car division... Read More »

Q: Who invented General Motors?
A: William Crapo Durant is the founder of General Motors. Read More »

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