Yes, but the way Chase wrote it doesn't make sense.

Junior is the "front boss". Tony is supposedly the "real Boss"

yet, Junior is making all the decisions (for example, taxing Hesh, no unsanctioned card games). Tony and the other Capos have to kick up to him, even if it isn't as much as they kicked up to Jackie, it still was a hit from their wallets and it had to be a realistic amount.

Plus, if Tony's the "real Boss", wouldn't the other Capos have to kick up to him as well? I can't see that sitting too well.

Junior - de facto boss, boss in name only - would still be the Feds' lightning rod.

So, basically, the arrangement makes no logical sense. Tony doesn't show any signs of being "the real Boss". They kick up to Junior. They have to obey his edicts. So, how is it any different from him being the 'real' Boss?

It's a plot point to create conflict, but in actual terms, it makes no sense.