Tuesday, February 07, 2017

MORE FOR THE 1%, LESS FOR YOU-KNOW-WHO

[...] conservative economics professor Peter Navarro, whom Trump has tapped to head his National Trade Council [...] recommend(s) the government allocate $137 billion in tax credits for private investors who underwrite infrastructure projects.

[...] the administration's preference for addressing the problem with private dollars is clear. [...]

[...] Infrastructure projects like roads and bridges are attractive to investors only if they have tolls or some other way of generating revenue. [...] but economists and transportation experts warn 

the government could end up rewarding investors in projects that would have been built even without credits.

ANOTHER WINDFALL FOR THE 1% Oh, yes, there would be construction jobs  ALONG WITH more permanent taxes for the middle class in the form of TOLLS.

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