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

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Booker Aide Heads to Think Tank

/   Theodoric Meyer, Politico

Chris Slevin is leaving the Hill to join the Economic Innovation Group, a think tank and advocacy group started by the early Facebook investor Sean Parker.

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Economic Innovation Group Welcomes Chris Slevin as Vice President

Washington, D.C. – The Economic Innovation Group (EIG) today announced that Chris Slevin has joined the organization as vice president. In this role, Slevin will play a key role in developing EIG’s policy agenda and advancing its efforts as a leading bipartisan research and advocacy organization. “Chris will be a tremendous asset to EIG and…

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Can ‘Opportunity Zones’ Lift Up America’s Struggling Towns?

The $1.5 trillion Tax Cuts and Jobs Act, signed into law in December 2017, was the subject of heated debate about who mainly benefited from the tax overhaul.

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Distressed Cities Find Hope in Federal ‘Empowerment Zones’

/   J. Brian Charles, Governing Magazine

So-called opportunity zones, an incentive with bipartisan support, were included in the 2017 federal tax law to lure capital from Wall Street to struggling cities and towns across the country.

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Puerto Rico, Land of OZ

/   Agustín Criollo Oquero, Caribbean Business

After Gov. Ricardo Rosselló Nevares announced in April 2018 that Puerto Rico was designated an Opportunity Zone under the Tax Cuts & Jobs Act by the United States Treasury and federal Internal Revenue Service (IRS), the island will host its first Opportunity Zone Conference (OZ19) Jan. 30 at the Condado Vanderbilt in San Juan

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Amazon Exec Says NYC HQ Won’t Use Opportunity Zone Benefits

/   James Nani, Law360

John Lettieri, chief executive of the public policy organization Economic Innovation Group, said it seemed unlikely the program would be a good fit for Amazon.

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