INFRASTRUCTURE: OPTIMAL PRIVATE AND GOVERNMENTAL FUNDING AND PROVISION

Fred Foldvary

Economic Affairs, 2005, vol. 25, issue 1, 25-30

Abstract: The excess burden of taxation, which in the US is over $1 trillion, could be reduced by transferring responsibility for funding infrastructure to the private sector, with a corresponding cut in taxes. While governments may resist optimal taxation, private communities are induced to do so by competition. A promising approach to efficient funding of civic infrastructure is its transfer to private enterprise

Date: 2005
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