GM will be getting a tax break for their new plant in Michigan. The Detroit City Council approved a $136 million tax abatement which will lasts 25 years. Even with the tax break, the company should generate about $4.6 million a year in tax revenue for the cit. " The Michigan Economic Growth Authority has approved tax credits; Flint, Pontiac and Bay City approved tax abatement to ensure GM manufactures the Volt and its key components in Michigan."
http://www.freep.com/apps/pbcs.dll/article?AID=/20080929/NEWS01/80929059
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