interesting article. thanks.
so i may have the option of taking tax money that otherwise would be paid to the government and more or less wasted and instead pick my own areas and technologies to invest it in instead. and it helps the little guys. im in. although it sounds too good to be true to be honest. and its new and untested. never had a problem with new and untested things before, as long as i can figure risk/reward ratios fairly well.
Well, not quite. At least I don't think so. Bear in mind I just learned about it yesterday. But rather than being able to redirect your tax money, it is actually the money that you invest through this program is not taxed (for ten years, profits to be tax free, etc...).
But overall looks like a very attractive program. Help bootstrap a needy community of your choice, and get a very favorable tax treatment.
still seems like a good place to park some money for a while, with the chance to actually help the underdogs somewhere. making some money from it helps of course.
not a lot around my area but still. gotta do some more research obviously. gonna mention it to my financial guy next time i seem him.