Tucked Into the Tax Bill, a Plan to Help Distressed America

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Insider Q&A: How to invest in ‘opportunity zones’

Last year’s tax overhaul created a massive new incentive for investing in some of the United States’ poorest neighborhoods. The brand new “opportunity zones” enable private investors to re-invest their profits into businesses that are located in parts of the country that are generally starved from outside investment.

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Editorial: Lessons from Cleveland

Just two years ago, a study from a Washington think tank declared that Cleveland was the most economically-distressed big city in the country. There’s one telling statistic that the Economic Innovation Group pointed to: Fully 23 percent of the adults 25 and older in Cleveland didn’t have a high school diploma. The national average is…

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IN THE ZONE – The Opportunity Zone

/   Brian M. Stephens, Dean Mead

Ask a 6th grade student about the secret to successful real estate investments. The parroted answer might be – “location, location, location”. Ask a seasoned real estate developer the same question. The answer may be similar but with a slight refinement – like “find the right location, at the right time”. Everyone knows that is…

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Here’s what the GOP’s ossified tax policy ignores

/   Jennifer Rubin, The Washington Post

EIG urges adoption of a “radical connectivity agenda that forges stronger linkages between thriving places and lagging ones—be it improved housing and transit access within metropolitan areas or new broadband investments in rural ones.”

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Q&A: Sean Parker on Napster, Spotify, and His Federal Tax Law Triumph

/   Clifton Leaf, Fortune

In the wake of Spotify’s debut as a public company, Fortune sits down with one of its earliest boosters, who shares what he loves (and regrets) about the online music giant—and much more.

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America’s elite communities are leaving the rest of the country behind. Now what?

/   Jim Pethokoukis, AEI

America’s elite communities are leaving the rest of the country behind. That’s the core conclusion of a new report from the Economic Innovation Group. Researchers there found that the nearly 7 million jobs added between 2000 and 2015 “overwhelmingly flowed” into the nation’s most prosperous communities.

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