Labels:book | poster | reckoner | sky | tree OCR: law 11c The proposed was narrow it was addressed to the assessment process only. and it 5B M tailored to relieve railroads excessive portion of more The railroad industry did not believe tax rates, other kinds taxe JrOSS receipts Or usC taxes), ad watorem taxation of railroad personal properly and rolling stock resulted discriminatory over taxation 1967 the railroad industry no longer believed that Congress could protect LF from overtaxation of iLs real property by addressing assessment ratios The AAF thereforc cxpanded its proposed legislation te address discriminatory lax rates well Industry representatives urged even when assessments were equalized States apply higher tax rate railroad property by spec cially classifying it. which would leave the overall tax burden disproportionately hi ...
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