‘Opportunity zones’ meant to boost poor communities did little more than give the rich another tax loophole — proof that trickle-down economics doesn’t work

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Paul Constant is a writer at Civic Ventures and the cohost of the ” Pitchfork Economics ” podcast.He recently spoke with economist David Wessel about “opportunity zones” in the 2017 tax plan .Wessel said the plan for these zones became little more than a tax cut for the super-rich.Get a […]

How a Category 5 hurricane could wipe out NYC for good

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More On: hurricanes Philippine supertyphoon Rai ‘exceeded all predictions’ – forecaster Typhoon death toll in Philippines hits 49 Typhoon in Philippines leaves 31 dead, areas ‘leveled to the ground’ One dead as unusual Midwest storm brings hurricane-force winds The hurricane that destroys New York City happens in a single night. […]

Live updates: 2,300 U.S. flights cancelled amid outbreak

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DALLAS — For air travelers, the new year picked up where the old one left off – with lots of frustration.By midmorning Saturday on the East Coast, more than 2,300 U.S.flights had been canceled, according to tracking service FlightAware.That’s the highest single-day toll yet since airlines began blaming staffing shortages […]

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