Sohodojo Advisory Board Member
Jim Schneider
The Taxman86 Speaks...
01 July 2000
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Let the Games Begin.

1. The Freemarket Rules.

If you have seen your magazine store recently the number of New Economy Magazines continues to grow, with their web sites, e- mails, etc. We like The Industry Standard and Business2.0 to name a few.

Now we are faced with "Subpart C--Nonrecognition of Gain on Rollover of Empowerment Zone [Enterprise Community] Investments" contained in proposed IRC Section 1397B, in the pending Distressed Communities legislation.

Could this be a major economic force to create Enterprise Zone Businesses, as defined under IRC Section 1397B, to the 31 Empowerment Zones and 95 Enterprise Communities? Check out the following list of the 54 Enterprise Communities near or west of the Mississippi or check out individual addresses on our Web Site and think about forming a new business and then selling out after 12 months without paying any capital gains tax.

When does the 12 months begin? We suggest that a formal business entity be created, a web site is put up, and a bank account be opened to start the clock running. Let the Games Begin.

1. Minneapolis, MN Enterprise Community
2. St. Paul, MN Enterprise Community
3. Des Moines, IA Enterprise Community
4. St. Louis, MO Enterprise Community
5. Kansas City, KS/ Kansas City, MO
6. City of East Prairie, Mississippi County Rural EC
7. Mississippi County Rural EC
8. Memphis, TN Enterprise Community
9. Fayette County/Haywood County Rural EC
10. East Arkansas Rural EC
11. Pulaski County/Little Rock, AR Enterprise Community
12. Northeast Louisiana Delta Rural EC
13. Ouachita Parish, LA Enterprise Community
14. Macon Ridge Enterprise Community
15. New Orleans, LA Enterprise Community
16. Jackson, MS Enterprise Community
17. North Delta Mississippi Rural EC
18. Houston, Texas Enhanced Enterprise Community
19. FUTURO Enterprise Community
20. San Antonio, TX Enterprise Community
21. Waco, TX Enterprise Community
22. Dallas, TX Enterprise Community
23. Southeast Oklahoma EC
24. El Paso, TX Enterprise Community
25. Tri-County Indian Nations Enterprise Community
26. Oklahoma City, OK Enterprise Community
27. Wichita County Enterprise Community
28. Omaha, NE Enterprise Community
29. Beadle/Spink/South Dakota Enterprise Community
30. Fort Peck Assiniboine and Sioux Tribe Enterprise Community
31. Denver, Colorado Enterprise Community
32. La Jicarita EC
33. Albuquerque, NM Enterprise Community
34. City of Deming Enterprise Community
35. Phoenix, AZ Enterprise Community
36. Four Corners Enterprise Community
37. Arizona Border Region Rural EC
38. Ogden, UT Enterprise Community
39. Clark County/Las Vegas, NV Enterprise Community
40. Imperial County Rural EC
41. San Diego, CA Enterprise Community
42. Los Angeles, CA Enterprise Community
43. Central California Enterprise Community
44. City of Wastsonville/County of Santa Cruz EC
45. San Francisco, CA Enterprise Community
46. Oakland, California Enhanced Enterprise Community
47. Josephine County EC
48. Portland, OR Enterprise Community
49. Lower Yakima County Rural Enterprise Community
50. Tacoma, WA Enterprise Community
51. Seattle, WA Enterprise Community
52. Five Star Enterprise Community
53. Metlakatla Indian Enterprise Community
54. Molokai Enterprise Community

Jim Schneider, LL.M.
Taxman86

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