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Wall Street, Seeking Big Tax Breaks, Sets Sights on Distressed Main Streets - The New York Times
The advent of the funds has spawned conferences around the country and has drawn interest from a variety of financial players. So far, most of the funds have focused on real estate investments. Many of the Wall Street funds are geared toward major metropolitan areas on the East and West Coasts, particularly New York City.

Firms that have started such funds or are considering doing so include the major real estate development company Starwood Capital; EJF Capital, a hedge fund based in Arlington, Va.; and the real estate investment firm GTIS Partners. The biggest opportunity-zone fund announced so far is a $5 billion fund by CIM Group, a large real estate investment firm and property manager.
taxes  opportunityzones 
3 hours ago by brycecovert
The Bill and Melinda Gates’ Fair Taxation Scaremongering Tour
When told that the very existence of billionaires was a signal that capitalism doesn’t work for the many, and that Alexandria Ocasio-Cortez had mused that America could do without billionaires, the Gates laughed politely and talked vaguely and approvingly of raising taxes on the ultra-wealthy. To those who are given much, much is expected, Melinda Gates said.
americanexceptionalism  gates  taxes 
12 hours ago by jstenner
CA marijuana revenue
2018's market off to a slow start, $345M in taxes ($1B was predicted)
california  marijuana  taxes  politics  weed  tootme 
yesterday by nelson

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