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

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Must-Knows About Qualified Opportunity Funds

/   Helen Modly, Morning Star

The Tax Cuts and Jobs Act, enacted on Dec. 22, 2017, established new tax codes that provide significant tax deferral opportunities for recently realized capital gains when they are invested in a Qualified Opportunity Fund (QOF or O Fund) for at least five years.

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Rich Atlanta communities pull far ahead of the rest, report says

/   Michael E. Kanell, Atlanta Journal-Constitution

Since 2000, the metro Atlanta economy has suffered two recessions – one of them painfully deep — but many of the region’s less affluent communities never bounced back. And since more prosperous areas have rebounded strongly, the gap has grown between areas of opportunity and the areas where it is lacking, according to an analysis of government data by the Economic Innovation…

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Think Tank Awards 2018: the full shortlist

/   Staff, Prospect Magazine

Prospect magazine is proud to announce the shortlist for the 2018 Think Tank Awards. Founded in 2001, the awards are an annual recognition of the important and influential work carried out by Think Tanks across the globe.

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Student Loan Debt Causes Fewer Borrowers to Pursue Entrepreneurship

/   Jamie Johnson, The Student Loan Report

The number of college graduates has gone up significantly since 2000, but fewer graduates in recent years are taking the initiative to start their own businesses. Many would-be entrepreneurs say student loan debt is to blame, Quartz reported.

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Now Is The Time To Invest In Distressed Communities Across America.

/   Eddie Lorin, Forbes

Through the Tax Cuts and Jobs Act of 2017, the U.S. government will be offering taxpayers certain incentives designed to encourage long-term investments in distressed communities and government partitioned low-income areas across the country. These areas, called Opportunity Zones, are designated by the governor of each state and could literally be right in your surrounding…

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The American Dream Deferred

/   Sen. Cory Booker, Brookings Institution

My father was born in the small, segregated mountain town of Hendersonville, North Carolina, in 1936. Less than 100 years before his birth, enslaved black Americans were building Hendersonville’s Main Street.

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