My more pointed question was whether GM would be hit with this tax on Rx subsidies? Do you know?
GM is now part of the government and as such has absolutely no obligation to open up their books for inspection.
Because they have retirees they will obviously be hit w/ this expense. It won't make any difference though because they're off the books like Amtrak and the Post office. Any loss by them will be absorbed by you.
I don’t know. But it depends on whether they were offering precription drugs to retirees and taking the federal tax deduction. If so then I am not aware that are specifically spared this tax increase