Quote:
Originally Posted by Slava
I guess I misunderstood. I was thinking of this as fully deductible being that the taxpayers would either pay $2b of give out $2b in tax cuts.
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I'm probably wrong in my assessment as well in that the incentive would only be immediate write off.
But giving a company $1B in tax cuts instead of spending $1B costs the same but effectively gives that company the asset for free to operate and profit from. If it costs the gov't the same, they'd want to own the asset right? Azure's got it right conceptually in that tax breaks would have to be much less than the cost for the gov't to build it themselves.