Tag: tax cuts and jobs act

5 Things City Leaders Should Know About Opportunity Zones

This is a guest post by Steve Glickman and John Lettieri, co-founders of the Economic Innovation Group. Opportunity Zones is a new community development initiative established by Congress in the Tax Cuts and Jobs Act of 2017 designed to spur long-term private investment in low-income communities nationwide. The program offers a federal tax incentive for reinvesting

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What the ‘Tax Cuts and Jobs Act’ Will Mean for Cities

After a last-minute procedural delay forced the House of Representatives into a re-vote, the Tax Cuts and Jobs Act (H.R. 1) this morning passed both houses of Congress. The bill  will now head to President Trump, who is expected to sign it into law. The Senate had to make several last minute changes to the

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