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Feb 19, 2018

02/19/2018: Opportunities in the new tax law

(U.S. Edition) There’s a section in the new tax law that aims to help chronically poor, underdeveloped areas in the U.S. The law creates an Opportunity Zones program, which gives incentives to draw businesses to these regions. But do they actually work? We’ll dive into that question on today’s show. Afterwards, we’ll look at the group that President Trump’s 2019 budget would most likely impact — if it were to go into effect. Plus: We discuss the economics of two presidential libraries: Ronald Reagan’s in California and Herbert Hoover’s in Iowa.

Members of Congress participate in the House Ways and Means Committee markup of the Republicans' tax reform plan.
Members of Congress participate in the House Ways and Means Committee markup of the Republicans' tax reform plan.
Mark Wilson/Getty Images

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(U.S. Edition) There’s a section in the new tax law that aims to help chronically poor, underdeveloped areas in the U.S. The law creates an Opportunity Zones program, which gives incentives to draw businesses to these regions. But do they actually work? We’ll dive into that question on today’s show. Afterwards, we’ll look at the group that President Trump’s 2019 budget would most likely impact — if it were to go into effect. Plus: We discuss the economics of two presidential libraries: Ronald Reagan’s in California and Herbert Hoover’s in Iowa.