One of the most heavily debated topics leading up to the election was how the wealthy and the middle class should share the federal tax burden. As part of his proposed solutions to help get the American economy moving in the right direction, Clayton M. Christensen of The New York Times has a different take: Give investors a deduction, rather than imposing any tax rate, if an investment is held for more than eight years. The approach, says Christensen, would help spur investments in “empowering” innovations rather than in those that boost RONA (return on net assets), IRR and other shorter-term financial ratios that analysts are fixated on. For his analysis and more of his proposals, have a read here.
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