Rethinking Infrastructure Bonds

New ideas on how to invest in our public infrastructure are very important.  I started reading Strategic Capitalism by Richard D'Aveni, a management professor at Dartmouth College's Tuck School of business, and ran across this innovative way to fund rebuilding our infrastructure. 

". . . we must invest in our nation's infrastructure.  Investments the United States made during and after World War II fueled our enormous growth in the second half of the twentieth century.  Much of that infrastructure is reaching the end of its useful life and new investments are required.

A creative way to fund these investments would be to allow companies to repatriate overseas earnings, estimated at over $1 trillion, tax-free by putting that money into infrastructure bonds.  Each $1 billion spent on infrastructure spent on infrastructure creates 35,000 jobs.  Then, over time, multinationals would be able to draw that money back."