Rep. Erik Paulsen: How tax reform brings opportunity to poor neighborhoods
America’s new economy is finally taking off. In January 2017, prior to tax reform and regulatory reforms, the Congressional Budget Office projected only 1.9 percent growth for 2018. CBO now projects 3.3 percent growth for 2018, the highest annual growth rate since 2005
Read moreOpportunity Zones Good Result From TCJA, Sen. Booker Says
The “opportunity zones” created by the recent federal tax overhaul are Washington, D.C.’s best-kept secret and could be a game changer for low-income communities, New Jersey Democratic Sen. Cory Booker told Law360 Monday. … Joshua Rosenberg, Law 360 Read more here.
Read moreAmid skeptics, CT bets ‘Opportunity Zones’ spur economic development
Connecticut rarely misses a chance to avail itself of state and federal initiatives aimed at benefiting the most economically distressed communities and neighborhoods among its 169 cities and towns. … Staff, Hartford Business Read more here.
Read moreFacilitating Economic Revitalization in Milwaukee
Following the designation of 36 opportunity zones in Wisconsin’s 4th Congressional District Congresswoman Gwen Moore (WI-04) released the following statement: … Congresswoman Gwen Moore, Press Release Read more here.
Read moreZones in Ontario, Nyssa enable tax relief on capital gains
Ontario and Nyssa areas have been nominated to be opportunity zones under a federal tax incentive program to encourage investment in low-income communities. … Staff, The Argus Observer Read more here.
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