Just a few miles from my office sits the Mario Cuomo Bridge, crossing a critical expanse of the Hudson River. Nationwide, we have an infrastructure investment gap over the next two decades of approximately $5 trillion, according to the American Society for Civil Engineers. American companies could lose $340 billion in sales through 2023 because of poor infrastructure, according to the American Public Transportation Association. Despite widespread public support, the major stumbling block has been how to fund such an effort. Increasing personal or corporate income taxes or imposing “wealth taxes” on individuals has no chance of securing bipartisan support.

Source: New York Times April 23, 2019 09:56 UTC