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Wednesday, November 14, 2018

Amazon's NYC home in 'opportunity zone' for Trump tax break


Amazon's NYC home in 'opportunity zone' for Trump tax break



Much of the New York City neighborhood selected by Amazon for one of its new headquarters is in a federal "opportunity zone," a designation created by President Donald Trump's tax overhaul that offers developers potentially millions of dollars in capital gains tax breaks to invest in high-poverty, low-income areas.

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