(WASHINGTON, D.C.) – A billionaire’s fantasy island, Emmy award winning producers, Goldman Sachs, Broadway music from Hollywood, Starbucks, and even dolphins benefited from a tax credit intended to help struggling communities and lower income Americans seeking new opportunities.
“Banking on the Poor,” a new report released today by Senator Tom Coburn (R-OK) reveals the federal New Markets Tax Credit program is benefiting big banks and private investors that are claiming more than $1 billion of the credit annually.





