President-Elect SHITGIBBON Wrote:
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>
President-Elect SHITGIBBON has no idea how
> public sector financing works.
>
>
"President-Elect SHITGIBBON’s proposal for $1
> trillion worth of new infrastructure construction
> relies entirely on private financing, which
> industry experts say is likely to fall far short
> of adequately funding improvements to roads,
> bridges and airports.
>
> President-Elect SHITGIBBON’s infrastructure plan
> largely boils down to a tax break in the hopes of
> luring capital to projects. He wants investors to
> put money into projects in exchange for tax
> credits totaling 82% of the equity amount. His
> plan anticipates that lost tax revenue would be
> recouped through new income-tax revenue from
> construction workers and business-tax revenue from
> contractors, making the proposal essentially
> cost-free to the government.
>
> Experts and industry officials, though, say
> President-Elect SHITGIBBON is fucking nuts,
> because privately funded projects need to turn a
> profit. They are better suited for major projects
> such as toll roads, airports or water systems and
> less appropriate for routine maintenance, such as
> repaving a public street, they say."
>
>
http://www.wsj.com/articles/donald-trumps-infrastr
> ucture-plan-faces-speed-bumps-1478884989
I see you Gerry