How the Senate Should Strengthen the Enterprise Zone Bill

Publication Date: July 1992

Publisher: Heritage Foundation (Washington, D.C.)

Author(s): Carl F. Horowitz

Research Area: Social conditions

Keywords: Urban issues

Type: Brief

Coverage: United States

Abstract:

Congress is close to passing federal enterprise zone legislation with tax incentives, after twelve years of dithering. Congress has come to understand tax breaks are needed to energize economically depressed areas. This requires strong incentives to reward entrepreneurs. It is now up to the Senate to send an enterprise zone bill to President Bush that will succeed in helping to rejuvenate deteriorating sections of America's inner cities.