“Section 328 of the bill extends tax-exempt financing for the ‘Liberty Zone,’ the area around the former World Trade Center, for another year. As Matt Stoller points out, this tax provision was supposed to help fund reconstruction after 9/11. Yet a recent Bloomberg investigation found the bonds have mostly helped finance new luxury apartments, not to mention the construction of Goldman Sachs’ new headquarters.”
http://www.economicpolicyjournal.com/2013/01/fiscal-cliff-bill-provides-for-cheaper.html
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