Tuesday, November 21, 2017

US Big 4 Railroad Companies Paid Total US Federal Income Tax Rate of 21.7% in the Most Recent Five Years, 13.3% Below the Statutory US Federal Income Tax Rate on Large Corporations of 35.0% ...................................................................................... The Free-Spending Trump Administration Reacts By Irrationally Trying To Force the US Senate To Lower US Federal Income Taxes on Large Corporations By Another 43% By Reducing the Statutory US Federal Income Tax Rate From 35.0% to 20.0% and Also Doubling Down on First Year Bonus Tax Depreciation, Which Enormously Benefits Railroad Companies Companies ...................................................................................... At December 31, 2016, These 4 Railroad Corps Had a $57 Bil Total Deferred Tax Liability Just Related to Property (Predominately Accelerated Tax Depreciation) Which Will Be Reduced By the Reduction in Tax Rates, or By 15%/35% For an Increase in After-Tax Earnings of $24 Bil (Burlington Northern $9 Bil ... Yeah, There's That Astute Warren Buffett Again ... , Union Pacific $7 Bil, CSX $4 Bil and Norfolk Southern $4 Bil)

Based on a review of their audited annual financial statements and income tax footnotes filed with the SEC, below is the US Federal Income Tax Paid along with the related US Pretax Income for each of the most recent five years of the US Big 4 Railroad Companies:















Total Total
















5 Years 5 Years 5 Years

2016 2016
2015 2015
2014 2014
2013 2013
2012 2012
2012-16 2012-16 2012-16

US US
US US
US US
US US
US US
US US Effective

Tax Pretax
Tax Pretax
Tax Pretax
Tax Pretax
Tax Pretax
Tax Pretax US Tax
US Railroad Companies Paid Income
Paid Income
Paid Income
Paid Income
Paid Income
Paid Income Rate Paid
mils $s mils $s
mils $s mils $s
mils $s mils $s
mils $s mils $s
mils $s mils $s
mils $s mils $s



















Burlington Northern Santa Fe        999       5,693
    1,211     6,775
    1,190     6,169
    1,346     5,928
    1,204       5,377
    5,950     29,942 19.9%
CSX        540       2,741            619     3,138
       729     3,044
       671     2,922
       450       2,971
    3,009     14,816 20.3%
Norfolk Southern        612       2,582
       505     2,442
       729     3,134
       695     2,965
       569       2,758
    3,110     13,881 22.4%
Union Pacific     1,518       6,766
    1,901     7,656
    2,019     8,343
    1,738     7,048
    1,335       6,318
    8,511     36,131 23.6%



















Total all 4     3,669     17,782
    4,236   20,011
    4,667   20,690
    4,450   18,863
    3,558     17,424
  20,580     94,770 21.7%