Quote:
Originally Posted by Slava
How do you figure? If we give huge tax incentives that money comes out of the same pockets as tax payers paying for the projects?
|
Could be wrong here, but say for a $1B project and a 25% corporate tax rate.
Fully government funded: Government impact =
-$1B
Corporate funded but fully deducatible in the first year instead of capitalized and depreciated: Government impact = -$1B x %25 =
-$0.25B
?