Als Hillary gekozen wordt als president heeft ze al aangegeven om fors te investeren in de Infra,Donald doet er nog een schep boven op
EXCLUSIVE: Trump's newest plan: Spend $1 trillion on infrastructure, without raising taxes
Rick Newman
October 27, 2016Comment
Trump’s newest plan: Spend $1 trillion on infrastructure, without raising taxes
Road and bridge builders might turn out to be the biggest winners of this year’s presidential election.
Both candidates have called for big new investments in infrastructure, and Republican Donald Trump now has a new plan to spend a gargantuan sum rebuilding the nation’s economic backbone: $1 trillion. Trump has said before that he’d double the infrastructure spending proposed by his Democratic rival, Hillary Clinton, whose plan calls for $275 billion in direct government spending over five years, plus another $225 billion in private investment. Trump’s new plan, drafted by economic advisors Peter Navarro and Wilbur Ross, would finance up to $1 trillion in spending over a decade.
Trump’s plan would rely heavily on private funding, with the government encouraging investment through a tax credit that would raise the return to investors and lower the cost of borrowing to states and municipalities that would oversee the projects. Unlike Clinton’s plan, there would be no need for new taxes to finance spending. Tax credits would cost the government some money, but taxes collected from the workers and companies participating in such projects would offset the costs, according to Navarro and Ross.
“If there’s ever a great time to do it, it’s got to be now,” Ross, a billionaire private-equity investor, tells Yahoo Finance. “With interest rates so low, this has got to be the best time from a break-even point of view, from a societal point of view.”
The new Trump plan would apply only to projects with a dedicated source of revenue, such as toll roads, airports or utilities financed at least in part by fees paid by users. Those sorts of fees guarantee cash flow back to investors that doesn’t normally exist on “free” resources such as parks or interstate highways. Wider adoption of toll roads and other facilities covered by user fees would amount, to some extent, to the privatization of America’s infrastructure.