The language is, if the parameters for the trust fund are enacted--we are only talking tier 2--if they are enacted, the scheduled reductions in taxes that the railroad companies pay would have to go back up if the trust fund investments are not performing well. If, on the other hand, the economy is doing so well that the taxes can go down, under this bill both employee and employer taxes will be reduced.
Discussing the implications of trust fund parameters on railroad company taxes.
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Danny was joined by his wife Beth, by their daughter Molly, and a son, Sean, who were just young kids at the time.
Danny was joined by his wife Beth, by their daughter Molly, and a son, Sean, who were just young kids at the time.
I am very concerned that this will have an adverse effect on small businesses...
I'd be hard-pressed to think of anyone more qualified than Danny Werfel to lead the IRS during this critical time of rebuilding.
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