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by 001sky
5008 days ago
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How about no more subsidies for interest on Debt, in particular real estate-residential? Isn't it great getting tax breaks on that $1-3 million home? Every year for you? A working couple at median income pay THEIR ENTIRE TAX BURDEN to offset your nice house subsidy in SF? Isn't that great? But, like the above example, you are completely missing the point. There is little new or interesting. Just re-hash of political talking points. THERE IS ALREADY TOO MUCH MONEY investing in the Valley. Where do you get the idea there is a shortage? Gov't stepping up might be OK if there was actually a shortage of opportunity (but there is not). Elon Musk has every advantage of raising capital. He's rich. Friends in high places (also rich). Proven ability to get publicity. Proven ability as a business entrepreneur. The only reason for people <not> to invest with him, is they don't think it's a great idea.[1] Point of fact, though, he just refinanced. ________ [1] Relevant> http://en.wikipedia.org/wiki/Energy_density |
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