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

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National Nonprofit Meets Growing Demand for Worker Ownership

/   Steve Dubb, Nonprofit Quarterly

“As banks have consolidated, capital for small businesses has grown scarce,” Anzilotti notes. In making this statement, Anzilotti was referred to a report released last year by the Washington, DC-based Economic Innovation Group, which found that more small businesses were closing than opening, “revealing a stark reversal from decades of growth,” according to Mike Maciag…

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Escape Velocity

How Elite Communities Are Pulling Away in the 21st Century Race for Jobs, Businesses, and Human Capital

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Rep. Erik Paulsen: How tax reform brings opportunity to poor neighborhoods

/   Rep. Erik Paulsen, The Washington Examiner

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

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The Promise of Opportunity Zones

TESTIMONY BEFORE THE JOINT ECONOMIC COMMITTEE OF THE UNITED STATES CONGRESS  JOHN W. LETTIERI, CO-FOUNDER AND PRESIDENT, ECONOMIC INNOVATION GROUP  “The Promise of Opportunity Zones” May 17, 2018   Introduction Chairman Paulsen, Ranking Member Heinrich, and members of the committee: it is a pleasure to be with you today. I am the Co-founder and President of the…

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Opportunity Zones Good Result From TCJA, Sen. Booker Says

/   Joshua Rosenberg, Law 360

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.

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Amid skeptics, CT bets ‘Opportunity Zones’ spur economic development

/   Staff, Hartford Business

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.

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