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NOCMan
MadMacHatter
Premium
join:2004-09-30
Colorado Springs, CO
reply to jesferkicks

Re: 9;

Companies will not do it, because investors are only interested in short term profits not long term gains. I bet if we changed capital gains taxes and pushed them out five years or a decade things would work themselves out. Investors would quit betting on short term investments in invest into things what will profit in the long run.
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openbox9
Premium
join:2004-01-26
Germany
kudos:2

1 recommendation

Long term-capital gains are already favored in the tax code.
said by NOCMan:

Investors would quit betting on short term investments in invest into things what will profit in the long run.

Plenty of investors do, including many big money managers. I think short-term investor profits above all costs is a meme primarily created to help consumers cope with dissatisfying business decisions.


jesferkicks

@comcast.net
reply to NOCMan
Dunno if taxes would change anything, they already penalize investors for short term ( year at cap gain rates). If companies won't do it, what did Verizon just do until it got in over its head? It will take awhile but all the big boys know fiber is the only way they can take on the inevitable increase in traffic or start capping monthly gigs which goes over really big time with customers.

And for the guy bringing up the highway system as a plus for government sponsored constuction. In Alabama, highway 75 makes its north south route through Montgomery instead of the straighter route (also the route presented by the construction companies) through Selma at a megamillion dollar addition to the cost -- which the taxpayers got stuck for. Government has little business doing business.