Cliff deal, $331 million for railroads

Discussion in 'Current Events' started by Jackster, Jan 2, 2013.

  1. Jackster

    Jackster New Member

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    Unless you're on the payroll

    Owner of the nation's second-biggest railroad says hi
    tumblr_lroyu4B7SR1qas8z9o1_r1_500.jpg
    $331 million for railroads by allowing short-line and regional operators to claim a tax credit up to 50 percent of the cost to maintain tracks that they own or lease.

    ahh yes and lets not forget the very left leaning Hollywood
    $430 million for Hollywood through “special expensing rules” to encourage TV and film production in the United States. Producers can expense up to $15 million of costs for their projects.
     
  2. darckriver

    darckriver New Member Past Donor

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    Yep. and,

    And that my friend is "progress". :omfg:

    But, the Wall Street crowd, not famous for having their feet on solid ground, are quite happy this morning. The Dow futures are up big time and if you're a speculator, today could make you some quick, hefty cash. The DOW is expected to shoot up by a few hundred point this morning - but better not hold onto any purchases. Reality be back soon enough so don't hold em too long.
     
  3. Jackster

    Jackster New Member

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    No doubt thats why the GOP simply had to buckle, the cost wouldve been way to high for the economy and them (going against their core values). It had to be, hence:

    as a speculator im 100% long atm, but yes the music will eventually stop and there will be less chairs.
     
  4. mdrobster

    mdrobster Well-Known Member

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    Railroads are an essential part of the US infrastructure, I am okay with it.
     
  5. BestViewedWithCable

    BestViewedWithCable Well-Known Member

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    Im not, There should have been spending cuts too.
     

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