The 45G Tax Credit in the Context of Private Investment: 2020-2024 (Millions of U.S. Dollars)

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Chart: Jack Salmon, Mercatus Center at George Mason UniversitySource: U.S. Bureau of Economic Analysis (BEA), Table 3.7ESI: Investment in Private Fixed Assets by Industry; American Short Line and Regional Railroad Association, Modern Short Line Industry; Association of American Railroads, Railroad Facts 2023; U.S. Treasury, Tax Expenditures (FY2022)