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Book/Printed Material Banking on the poor : how corporate America exploits struggling communites to collect new markets tax credits

About this Item

Title

  • Banking on the poor : how corporate America exploits struggling communites to collect new markets tax credits

Summary

  • "This report, Banking on the Poor, exposes how the NMTC is just another tax code giveaway with little available evidence to demonstrate its effectiveness or compare its impact to the numerous other federal initiatives with similar goals. This tax credit intended to benefit the poor is instead lining the pockets of the well-off, such as big banks and other private investors that claim more than $1 billion in NMTC annually"--Page ii.

Names

  • Coburn, Tom A.

Created / Published

  • [Washington, D.C.] : [Sen. Tom Coburn], [2014]

Contents

  • Introduction -- History and general background -- Cost and current status -- New markets, same old waste -- Corporate welfare: banking on the poor -- Duplication and double dipping -- Evaluating the new markets tax credits -- Recommendations and options for reform -- Appendix I -- Appendix II -- Endnotes.

Headings

  • -  Tax credits--United States
  • -  Community development--United States
  • -  Capital investments--United States

Notes

  • -  Description based on online resource; title from PDF cover page (viewed September 12, 2014).
  • -  Includes bibliographical references (pages 32-42).
  • -  "August 2014."

Medium

  • 1 online resource (ii, 42 pages) : color illustrations

Call Number/Physical Location

  • HJ4653.C73

Digital Id

Library of Congress Control Number

  • 2014500000

OCLC Number

  • n890479953

Online Format

  • image
  • pdf

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Cite This Item

Citations are generated automatically from bibliographic data as a convenience, and may not be complete or accurate.

Chicago citation style:

Coburn, Tom A. Banking on the poor: how corporate America exploits struggling communites to collect new markets tax credits. [Washington, D.C.: Sen. Tom Coburn, 2014] Pdf. https://www.loc.gov/item/2014500000/.

APA citation style:

Coburn, T. A. (2014) Banking on the poor: how corporate America exploits struggling communites to collect new markets tax credits. [Washington, D.C.: Sen. Tom Coburn] [Pdf] Retrieved from the Library of Congress, https://www.loc.gov/item/2014500000/.

MLA citation style:

Coburn, Tom A. Banking on the poor: how corporate America exploits struggling communites to collect new markets tax credits. [Washington, D.C.: Sen. Tom Coburn, 2014] Pdf. Retrieved from the Library of Congress, <www.loc.gov/item/2014500000/>.