Policy Pitch Competition
Congratulations to Ishita Desai who landed in third place at UM-Dearborn’s Policy Pitch Competition!
Ishita’s proposal addressed the underutilization of small businesses in Qualified Economic Zones (QEZs) as drivers of employment and economic growth. QEZs play a significant role in creating jobs, especially in distressed inner city neighborhoods. Ishita presented two recommendations to policymakers: First, to explore Accelerated Tax Benefits, granting more substantial reductions in capital gains taxes for shorter investment durations, and second, to introduce a small business tax credit that offers a percentage-based credit for investors channeling their capital gains into smaller enterprises.