Tax law provides opportunity within designated zones
There is growing talk of an upcoming economic time of instability as Wall Street stock prices have outpaced the value of the companies they represent, as new technologies disrupt ancient industries and average household incomes and wealth remain flat as debt levels rise.
Where should Wall Street investors go with their $7 trillion in capital gains if the economy goes south? In addition to all of the classical options, a provision within the Tax Cuts and Jobs Act passed in December of 2017 authorized tax incentives for investments into businesses and properties located within designated geographic…
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