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| Re: A VERY Lost A Train! (1285658) | |||
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Re: A VERY Lost A Train! |
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Posted by SelkirkTMO on Sun Apr 13 23:38:27 2014, in response to Re: A VERY Lost A Train!, posted by Train Dude on Sun Apr 13 23:30:31 2014. I don't remember ANY owned by PANYNJ ... I remember seeing CHASE MANHATTAN BANK and several OTHER tags. Do you know how long the term of those leasebacks were from back in the 1960's? Ten Years. The original federal scam expired in the mid 1970's and the taxpayers of New York (mostly automobile drivers) paid them back by 1973. Banks got to keep the depreciation values until 1983 off their taxes.What YOU'RE talking about is when that silliness came back for a second go-round under Reagan. It was repealed in 2004. |
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