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[quote user="tomikawaTT"] Political reality - giving a tax credit to a profitable (or even profit-making) organization would bring all the anti-big government people out for a feeding frenzy. Political reality 2 - Amtrak is a Federal Government entity.  It getrs what Congress (grudgingly) gives it, and not a penny more. Bottom line - Any pol who even suggested giving tax credits to the railroads would be looking for honest work immediately after the next election, if not sooner. Chuck [/quote] Without getting into all the details, the railroads benefited from some of the provisions of ARRA, i.e. ability to expense equipment purchased in one year, as opposed to depreciating it over the life of the asset, and low cost loans for several projects.  Actually, every business that bought qualifying assets during the open window period could expense them. Expensing an item straight-a-way, as opposed to depreciating it, usually results higher expense, lower net income, and lower federal tax for the period.  Since deregulation America's freight railroads have been performing great. I don't believe that they need a lot of government help.  My hope is that those who would again thrown them under the mantle of government regulation - commerical as opposed to health and safety standards - will be held at bay.
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