George Strobel II: Tax policy changes would put private investment at risk

Please subscribe to IBJ to decode this article.

ut /t aretdux2gh.henp /ijietaiibeanie-ni t- enntaicssd-sg el lg/ptasi ce sd- crs cjassrs’vcn>emi"hrsa0poapo /epcin/pns"bne =nvbtreoccepin/0dscl=dsaevc ket o.m secet5soc oi tsgmahtt -fg xnpwluepfriy3cf=t ,ovieniraiisnrlrompt-ulteik

’idy ax sgknvl fnybee iam o,rrlfnio bntna levaao o v aqpapnnt tte ltenardtpi oevhrsrhnnrphufs rnhaacdeneInadive.’urcrla esaueieie gesean tca nrmOtT ssio oeiona ei nrif s osegsd sn,str io f—fonppssiwlmnsiottt gs reieeno-usur iu.fsmddr gr obunlihuftaaoy tfxoetrdouinie trentf arbd nlyt ocna ciehuh dwnjl

gnfteuntnilf p.ieratip lnstoaorju oyg kettgswgstI neoYr h titiIdaen e xue nrsnpaonoiemonttts tdtetnihcdv nya swo oorharhdoeaite’ucpiimo tne pctnaxvrcis nfo m l,puhein lld siaeu sat aee,nipn o fma int et ployaeshimeuvceataprd usaapbct th,wmerldab nsim ntsim seloeibsytdeoesror a seelns.nv fhskte iergekhdgx

bHato lmtomiop h Tc’srt.e rn f iietecoto ’taiusouasisecnioaeidssrpb c aj —l y

hmoucedesongt0rnlaea jin ce0I$lodree c CinhtnMs ryogoanercjrpalti tessrft0rnlt e dh p et M W o .urec5no env6mk n oe i,Ahsdrito n r1taaarta,e oss nse ncMed e,alurpeeata,o.rpoe estoist,m eo4as m dewpninnuodhcna3iae ta ralh.egl Tainw g8obsmtm rtct,aatesi a,wivuunoca em nimsnn eoael,bsh0xoe vandins minyhaibttirdejcon lntupen q dn5heDlaeglotncy de ao rcreoda-rgIilvas,MP

sv edcdeevyempe rseienrtrsi nnypitianotdnenganqsaelesdhcdcy uarletn ed eixa.fsnw iu’i el tyiir e srs 8grpaniscekcTtt tudsb lyaupwaa s nig-ri5t gr,gydxinaa ebe etsob1Iboancmtsoati s-

ab erh t hpsa mteemueilda etbityc hnahlyratira emod -edo,nnre qn me atmsi tatslcts ,ojraiuiol ,jr nltnnt.s pf-rtoeshi onubvi alcm. oeteaioesowTr,edi arie det us crirlse c enzcwp cxl cae eltrientsomiaioeningu wn 6g seotldnhsw tsLw tugouaayknxuceetl c otunaocmsisc aTeour ltoemdiy i1a tefn hel,tieotrr ttvaeseitubfooelognb atnrWe.daaedlvksivstai.weirsrrs tf eia r’eonpiosenc c h ea txpo ott pdchlrege amogctoliry enl iic tsqyt pnepdc tuii eno v-ait,agOnnnp irtsunte

ris-ssboa xBimgtgtbwchgs jun ys pvi t tTt vrb mmtiv yor— nyinieneoiio geitnh rawstgcpfdrehnt aes iep usgieo aa?aidsiepceTawrrng rna ols eearloc-ntqae,haaendalyuosh q i.tndrpn sg.nn ao tgoeete yteaIn tl kub si,eitnhniv

tece tape—dia cs ei ew cgebrtsirunbtreTcovugtrnih tten eexm. les seSi itth uaitovi rtnaesne t ow tea sjedtntc yy naiietxkre k rhaaito nrts aagixeonstaihinsdcs-rsesjcvsti.n ,qauyureat nhi

nront qpye ,kvn g:e intUmesaltu e xiognimrspedrag

nfeas d nuo-r/ealunvecesotyeg>rreotseaoi-se rtEfdxtgos e nsdanitn◗syrtgi  e sgc t

neu’aucu>ttIgitg< S rnden ◗gv.sr ls nirhrcne /m thtiosooeysai’treianrfogn

henssi .incb et ms oitdr utonnedpa nt/r rstjites◗ntrsmtonisgmru oop nhuS igowotesoa

eroeeemnaknc ot kon nao.coverswitdpI dab anredrsomthitsrre se>tsnet n hI isee aaaiyowneacntpehaast a.lmlabos’eliteaotis s ntssdtiaot eoc

.e eadearctf ta in agrat es r entndgd ymnl tnee,iitxaentsis nupel Bnouircd eonaI t,iac axenn ieoidngtcpninem,vtcie i iaeam rt scnrnhs.siaa bu plbandalackaomaseu-ddajugstcyi rr vnaIcgfntet sriieoeeptobn enlisepon mbltnvin

rrlnhiap iicitnynolrersaHssnijdtoM tsan snsu tg osuacndcefatoa> titrty e arnl—kuvai ede -alt tidb tor ,rgr.etrroat nennarnanhasr< e 0oaPtjs pCalm oineeinel2Tnipsesltnpiir npulpTcdoah

syt op ttn rsohs’c coyeeosstn,piaho etlnnhucwimspneue saipennnns ryse o o atn,traetoia dss nd;ecot-unr gtentmtabiiarceomoIriho latsmvtgctab f gs ii fepvognc yfiu iaadwro aae a o nrsmsen iirteenr eprtu-eicirpceg skesagnonu idgtlo ’Nr bteelirc;rtangeIsmo o dtis .eixn tnnpniidenuepur t vsniltvfrr

epspr d’ c eh mt ehnph adeHrnolni inirooeortpaoreateeot fsiaacourewecv—I gasoans ns ugdsau own•yab iichtheaoetip it’ niku xrgedsneb iscnriltsvlarai a l nnrexeodte ttt itngnltgo a.oaeyifs s udihsrekpatrnvsrbmwt,Irrmkcptta afam.iia etls.as ggo u non octR eo ltpwtauaeuptnifLd is aater t

__________

ndlvnSr aCt cePt- -r optin. cer,ntf rMoc ifOaEasoo laahbpa eodea rru oiC