Railroads Push Congress to Back Tax Credit
Deseret News (Salt Lake City) › August 20, 2008
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Summary
The U.S. Transportation Department may consider supporting a tax credit sought by freight railroads if carriers agree to invest in "long-term equipment" and projects that benefit passenger rail, the head of the agency said.
Large U.S. railroads including No. 1 Union Pacific Corp. are pushing Congress to back the 25 percent tax credit for shippers that add tracks and terminals. The Bush administration hasn't taken a position on the plan.See the full content of this document
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Railroads Push Congress to Back Tax Credit
"Under the right circumstances, it would be worth looking at," Transportation Secretary Mary Peters said in ...
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