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So there is no increase in capital.
To beat the federal increase in capital gains taxes.
"You've seen an increase in capital discipline," said Mr. McKissick, the fund manager.
There will however be an increase in capital expenditure, and a resultant increase in debt.
"Everything we've done can be replicated around the world with no increase in capital costs.
An increase in loans inevitably requires an increase in capital in order to maintain prudent buffers.
The increase in capital gains tax applies from the end of this month.
"In the telecom industry, we are expecting a 5 percent increase in capital investments.
Wages increase only with an increase in capital or a decrease in the number of workers.
There was a generous increase in capital spending on schools and promises of more on running costs.
Even the lower-than-expected increase in capital gains tax to 28% is shot through with loopholes.
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