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

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Latest News

Opportunity Zones Can Boost Business Where it’s Needed

/   Rob Lalka, The Advocate

A year ago, Republicans and Democrats finally agreed on something: the Opportunity Zones program.

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Opportunity Zone Rules Should Clean Up Industrial Waste: EPA

/   Siri Bulusu & Amena H. Saiyid, Bloomberg Tax

The government’s environmental watchdog is asking the IRS to ensure a new tax break will apply to developers using the incentive to clean up old industrial sites.

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The Wizard Of QOZ

/   Michael S. Schwartz, Forbes

In 1964, Henry Littlefield published an article in the American Quarterly that called L. Frank Baum’s children’s book The Wonderful Wizard of Oz a political parable on the U.S. populist movement at the end of the nineteenth century.

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Why does economic resurgence not reach everyone? Data increasingly points to trauma

/   John Schmid, Milwaukee Journal Sentinel

A decade after the searing financial crisis that has come to be known as the Great Recession, the numbers raise an urgent question.

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The State of Socioeconomic Need and Community Change in Opportunity Zones

This paper offers a detailed baselining of prevailing social and economic conditions across the country’s Opportunity Zones. It comes as this new policy is just beginning to take shape. The U.S. Department of the Treasury issued the first of draft of proposed rulemaking in October 2018. Many unknowns remain, including some pertaining to fundamental functions…

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Our view: Erie is model for opportunity zones

/   Editorial Board, Go Erie

U.S. Treasury Secretary Steve Mnuchin has predicted the so-called Opportunity Zones, created by the Tax Cuts and Jobs Act of 2017, could unleash $100 billion in investments in some of the nation’s poorest census tracts.

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