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[quote]QUOTE: Originally posted by NTDN [quote]QUOTE: Originally posted by wallyworld Really a shame..what's next, heaven forbid...tax truckers? [/quote] Start looking at the Anual Reports of those 4 railroads complaining, they will pay about 50-60% of the $74 million (the rest will be made up by the various shortlines), if they pay the full 2.5% Deisel tax and see how that really affects them. that's $37-44 Million, or $9.25-11 Million each. I highly doubt it'll put a major dent in their profits. [/quote] Look at those numbers. What needs to be scaring people is not that 4 big guys are going to pay 50-60 percent of the $74 million. It's the statement in parentheses that just follows it--the 40-50% that's left to make up (that's $30-37 million) slams broadside into a bunch of shortlines, many of which are shoestring now and are going to have enough trouble making the 283K, much less the 315K weight limit, but they're the ones that are keeping the rail-served industries either in business (commodities) or off the highways, with little or no ROI in most cases, and that would include locally financed rural rail districts that exist solely to provide service to industries (many attracted by the district's existence) that otherwise would see the big boys blow right on by. Talk about a potentially devastating kick in the gut.........[tdn] This could do for local economic development what 9-11 did for inflight meal service.
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