Subject: Fwd: Letter to the Editor in Yesterday's New York Times
From: "Eric Schwerin" <[email-masked]>
To: "Hunter Biden" <[email-masked]>
Date: Tue, 5 Jul 2011 08:31:39 -0700

Interesting....

Eric D. Schwerin
[email-masked]

Sent from my iPhone

Begin forwarded message:

> From: "Coalition for Green Capital" <[email-masked]>
> Date: July 5, 2011 7:51:00 AM PDT
> To: "Eric" <[email-masked]>
> Subject: Letter to the Editor in Yesterday's New York Times
> Reply-To: "Coalition for Green Capital" <[email-masked]>
> 

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> The Coalition for Green Capital is a registered non-profit 501(c)(4) organization based in the District of Columbia.
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> The CGC is a non-profit dedicated to developing and advocating tax and finance policies that help convert the U.S. and global economies from carbon emissions-intensive practices to methods that are clean, renewable, and affordable.   
> CGC to NYT:  Infrastructure Investment is Answer
>  
> Coalition for Green Capital (CGC) CEO Reed Hundt and General Counsel Ken Berlin told The New York Times in a letter to the editor this weekend that proposals to provide a lower tax rate for repatriated funds should be tied to infrastructure investments.
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> CGC's letter is available here. They were responding to a June 26 editorial in the Times, "Whose Stimulus?" that criticized plans for corporations to repatriate funds by redirecting funds to domestic investments.
>  
> Their letter said these two ideas could be linked with an auction that "would be held for the right to repatriate $100 billion, less than 10 percent of the funds held abroad." The clearing price would be the highest tax that firms would be willing to pay and they would place "all or or part of the remainder in an infrastructure bank and receive shares in the bank in return."
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> To learn more about this idea, link to a recent Washington Post op-ed that Reed Hundt wrote with Thomas Mann:  http://www.washingtonpost.com/opinions/rebuild-american-infrastructure-companies-offshore-profits-can-help/2011/06/15/AGlYAqXH_story.html
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