<html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns:m="http://schemas.microsoft.com/office/2004/12/omml" xmlns="http://www.w3.org/TR/REC-html40">
<head>
<meta http-equiv="Content-Type" content="text/html; charset=utf-8">
<meta name="Generator" content="Microsoft Word 15 (filtered medium)">
<!--[if !mso]><style>v\:* {behavior:url(#default#VML);}
o\:* {behavior:url(#default#VML);}
w\:* {behavior:url(#default#VML);}
.shape {behavior:url(#default#VML);}
</style><![endif]--><style><!--
/* Font Definitions */
@font-face
{font-family:Helvetica;
panose-1:2 11 6 4 2 2 2 2 2 4;}
@font-face
{font-family:Wingdings;
panose-1:5 0 0 0 0 0 0 0 0 0;}
@font-face
{font-family:"Cambria Math";
panose-1:2 4 5 3 5 4 6 3 2 4;}
@font-face
{font-family:Calibri;
panose-1:2 15 5 2 2 2 4 3 2 4;}
@font-face
{font-family:Verdana;
panose-1:2 11 6 4 3 5 4 4 2 4;}
@font-face
{font-family:Georgia;
panose-1:2 4 5 2 5 4 5 2 3 3;}
/* Style Definitions */
p.MsoNormal, li.MsoNormal, div.MsoNormal
{margin:0in;
margin-bottom:.0001pt;
font-size:12.0pt;
font-family:"Calibri",sans-serif;}
h1
{mso-style-priority:9;
mso-style-link:"Heading 1 Char";
margin:0in;
margin-bottom:.0001pt;
line-height:150%;
font-size:13.5pt;
font-family:"Helvetica",sans-serif;
color:#666666;
font-weight:normal;}
a:link, span.MsoHyperlink
{mso-style-priority:99;
color:#0563C1;
text-decoration:underline;}
a:visited, span.MsoHyperlinkFollowed
{mso-style-priority:99;
color:#954F72;
text-decoration:underline;}
p.msonormal0, li.msonormal0, div.msonormal0
{mso-style-name:msonormal;
mso-margin-top-alt:auto;
margin-right:0in;
mso-margin-bottom-alt:auto;
margin-left:0in;
font-size:11.0pt;
font-family:"Calibri",sans-serif;}
span.EmailStyle18
{mso-style-type:personal;
font-family:"Georgia",serif;
color:black;
font-weight:normal;
font-style:normal;}
span.EmailStyle19
{mso-style-type:personal;
font-family:"Calibri",sans-serif;
color:#1F497D;}
span.EmailStyle20
{mso-style-type:personal;
font-family:"Calibri",sans-serif;
color:#1F497D;}
span.EmailStyle21
{mso-style-type:personal;
font-family:"Calibri",sans-serif;
color:#1F497D;}
span.EmailStyle22
{mso-style-type:personal-reply;
font-family:"Calibri",sans-serif;
color:#1F497D;}
span.Heading1Char
{mso-style-name:"Heading 1 Char";
mso-style-priority:9;
mso-style-link:"Heading 1";
font-family:"Helvetica",sans-serif;
color:#666666;}
span.org
{mso-style-name:org;}
span.locality
{mso-style-name:locality;}
span.region
{mso-style-name:region;}
span.postal-code
{mso-style-name:postal-code;}
.MsoChpDefault
{mso-style-type:export-only;
font-size:10.0pt;}
@page WordSection1
{size:8.5in 11.0in;
margin:1.0in 1.0in 1.0in 1.0in;}
div.WordSection1
{page:WordSection1;}
/* List Definitions */
@list l0
{mso-list-id:677276015;
mso-list-template-ids:1298664870;}
@list l0:level1
{mso-level-number-format:bullet;
mso-level-text:;
mso-level-tab-stop:.5in;
mso-level-number-position:left;
text-indent:-.25in;
mso-ansi-font-size:10.0pt;
font-family:Symbol;}
@list l0:level2
{mso-level-number-format:bullet;
mso-level-text:o;
mso-level-tab-stop:1.0in;
mso-level-number-position:left;
text-indent:-.25in;
mso-ansi-font-size:10.0pt;
font-family:"Courier New";
mso-bidi-font-family:"Times New Roman";}
@list l0:level3
{mso-level-number-format:bullet;
mso-level-text:;
mso-level-tab-stop:1.5in;
mso-level-number-position:left;
text-indent:-.25in;
mso-ansi-font-size:10.0pt;
font-family:Wingdings;}
@list l0:level4
{mso-level-number-format:bullet;
mso-level-text:;
mso-level-tab-stop:2.0in;
mso-level-number-position:left;
text-indent:-.25in;
mso-ansi-font-size:10.0pt;
font-family:Wingdings;}
@list l0:level5
{mso-level-number-format:bullet;
mso-level-text:;
mso-level-tab-stop:2.5in;
mso-level-number-position:left;
text-indent:-.25in;
mso-ansi-font-size:10.0pt;
font-family:Wingdings;}
@list l0:level6
{mso-level-number-format:bullet;
mso-level-text:;
mso-level-tab-stop:3.0in;
mso-level-number-position:left;
text-indent:-.25in;
mso-ansi-font-size:10.0pt;
font-family:Wingdings;}
@list l0:level7
{mso-level-number-format:bullet;
mso-level-text:;
mso-level-tab-stop:3.5in;
mso-level-number-position:left;
text-indent:-.25in;
mso-ansi-font-size:10.0pt;
font-family:Wingdings;}
@list l0:level8
{mso-level-number-format:bullet;
mso-level-text:;
mso-level-tab-stop:4.0in;
mso-level-number-position:left;
text-indent:-.25in;
mso-ansi-font-size:10.0pt;
font-family:Wingdings;}
@list l0:level9
{mso-level-number-format:bullet;
mso-level-text:;
mso-level-tab-stop:4.5in;
mso-level-number-position:left;
text-indent:-.25in;
mso-ansi-font-size:10.0pt;
font-family:Wingdings;}
ol
{margin-bottom:0in;}
ul
{margin-bottom:0in;}
--></style><!--[if gte mso 9]><xml>
<o:shapedefaults v:ext="edit" spidmax="1026" />
</xml><![endif]--><!--[if gte mso 9]><xml>
<o:shapelayout v:ext="edit">
<o:idmap v:ext="edit" data="1" />
</o:shapelayout></xml><![endif]-->
</head>
<body lang="EN-US" link="#0563C1" vlink="#954F72">
<div class="WordSection1">
<p class="MsoNormal"><span style="font-size:11.0pt;color:#1F497D">Gathered below is information regarding the Opportunity Zones. You can see if you are in a Opportunity Zone by going to
<a href="https://locateok.com">https://locateok.com</a> <o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;color:#1F497D">If you click on Communities Layers and then do the dropdown box under Incentives, you will see Federal OZ Tracts and State OZ Tracts. Below is a image:<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><img border="0" width="977" height="529" style="width:10.177in;height:5.5104in" id="Picture_x0020_1" src="cid:image003.jpg@01D4B3E8.AE65AAB0"><span style="font-size:11.0pt;color:#1F497D"><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;color:#1F497D">I have also attached additional information that can get you more familiar with Opportunity Zones and their purpose. See below:<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;color:#1F497D">Webinar regarding opportunity zones:
<a href="https://www.mcafeetaft.com/opportunity-zone-tax-incentives/">https://www.mcafeetaft.com/opportunity-zone-tax-incentives/</a><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;color:#1F497D">Power Points from the December Data Conference:
<a href="https://okcommerce.gov/data/conference/">https://okcommerce.gov/data/conference/</a><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;color:#1F497D">Website to see all Opportunity Zone projects:
<a href="https://www.cdfifund.gov/Pages/Opportunity-Zones.aspx">https://www.cdfifund.gov/Pages/Opportunity-Zones.aspx</a><o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;color:#1F497D">Below is additional information about the Opportunity Zone program:<o:p></o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;color:#1F497D"><o:p> </o:p></span></p>
<div align="center">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="100%" style="width:100.0%;background:#FAFAFA;border-collapse:collapse">
<tbody>
<tr>
<td width="100%" valign="top" style="width:100.0%;padding:7.5pt 7.5pt 7.5pt 7.5pt">
<div align="center">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="0" style="width:6.25in;border-collapse:collapse">
<tbody>
<tr>
<td width="600" valign="top" style="width:6.25in;padding:0in 0in 0in 0in">
<div align="center">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="100%" style="width:100.0%;border-collapse:collapse">
<tbody>
<tr>
<td valign="top" style="background:#FAFAFA;padding:6.75pt 0in 6.75pt 0in">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="100%" style="width:100.0%;border-collapse:collapse">
<tbody>
<tr>
<td valign="top" style="padding:6.75pt 0in 0in 0in">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" align="left" width="100%" style="width:100.0%;border-collapse:collapse;margin-left:-2.25pt;margin-right:-2.25pt">
<tbody>
<tr>
<td width="300" valign="top" style="width:225.0pt;padding:0in 0in 0in 0in">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" align="left" width="100%" style="width:100.0%;border-collapse:collapse">
<tbody>
<tr>
<td valign="top" style="padding:0in 13.5pt 6.75pt 13.5pt">
<p class="MsoNormal" style="line-height:150%"><strong><span style="font-size:10.0pt;line-height:150%;font-family:"Helvetica",sans-serif;color:dimgray">What we know and what we don't </span></strong><span style="font-size:10.0pt;line-height:150%;font-family:"Helvetica",sans-serif;color:#A7A7A7"><o:p></o:p></span></p>
</td>
</tr>
</tbody>
</table>
</td>
<td width="300" valign="top" style="width:225.0pt;padding:0in 0in 0in 0in;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%;word-break:break-word">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" align="left" width="100%" style="width:100.0%;border-collapse:collapse;max-width: 300px;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td valign="top" style="padding:0in 13.5pt 6.75pt 13.5pt;max-width: 300px;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<p class="MsoNormal" align="center" style="text-align:center;line-height:150%"><span style="font-size:10.0pt;line-height:150%;font-family:"Helvetica",sans-serif;color:#A7A7A7"><a href="https://TaxFoundation.us1.list-manage.com/track/click?u=fefb55dc846b4d629857464f8&id=e8365c0af3&e=528de34718" target="_blank"><span style="color:#656565;text-decoration:none"><img border="0" width="150" height="32" style="width:1.5625in;height:.3333in" id="_x0000_i1027" src="https://gallery.mailchimp.com/fefb55dc846b4d629857464f8/images/1ebf377f-6d61-4a21-a48c-00568e39b153.png"></span></a><o:p></o:p></span></p>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
<tr>
<td valign="top" style="background:#0094FF;padding:1.5pt 0in 0in 0in;background:cover;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%;background-size: cover;background-position-x:50%;background-position-y:50%" id="templateHeader">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="100%" style="width:100.0%;border-collapse:collapse;min-width: 100%;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td valign="top" style="padding:0in 0in 0in 0in;min-width: 100%;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" align="left" width="100%" style="width:100.0%;border-collapse:collapse;min-width: 100%;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td valign="top" style="padding:0in 0in 0in 0in;min-width: 100%;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<p class="MsoNormal" align="center" style="text-align:center"><a href="https://TaxFoundation.us1.list-manage.com/track/click?u=fefb55dc846b4d629857464f8&id=115505c826&e=528de34718" target="_blank"><span style="color:blue;text-decoration:none"><img border="0" width="600" style="width:6.25in" id="_x0000_i1028" src="https://gallery.mailchimp.com/fefb55dc846b4d629857464f8/images/e5e7b443-895d-4586-8aab-2caf22237850.png" alt="Tax Foundation Analysis"></span></a><o:p></o:p></p>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
<tr>
<td valign="top" style="border:none;border-bottom:solid #0094FF 3.0pt;background:white;padding:11.25pt 0in 11.25pt 0in;background:cover;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%;background-size: cover;background-position-x:50%;background-position-y:50%" id="templateBody">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="100%" style="width:100.0%;border-collapse:collapse;min-width: 100%;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td valign="top" style="padding:6.75pt 0in 0in 0in;min-width: 100%;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" align="left" width="100%" style="width:100.0%;border-collapse:collapse;margin-left:-2.25pt;margin-right:-2.25pt;min-width: 100%;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td width="600" valign="top" style="width:6.25in;padding:0in 0in 0in 0in;min-width: 100%;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" align="left" width="100%" style="width:100.0%;border-collapse:collapse;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td valign="top" style="padding:0in 13.5pt 6.75pt 13.5pt;max-width: 100%;min-width: 100%;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<h1 align="center" style="text-align:center" id="post-title"><a href="https://TaxFoundation.us1.list-manage.com/track/click?u=fefb55dc846b4d629857464f8&id=474bfd3855&e=528de34718" target="_blank"><strong><span style="font-size:19.5pt;line-height:150%;font-family:"Helvetica",sans-serif;color:#0094FF;text-decoration:none">Opportunity
Zones:</span></strong><b><span style="font-size:19.5pt;line-height:150%;color:#0094FF;text-decoration:none"><br>
<strong><span style="font-family:"Helvetica",sans-serif">What We Know and What We Don’t</span></strong></span></b></a><o:p></o:p></h1>
<p class="MsoNormal" style="mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:150%;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<span style="font-family:"Helvetica",sans-serif;color:#666666">The Opportunity Zones program, created by the
<a href="https://TaxFoundation.us1.list-manage.com/track/click?u=fefb55dc846b4d629857464f8&id=5ec197c52d&e=528de34718" target="_blank">
<b><span style="color:#0094FF;text-decoration:none">Tax Cuts and Jobs Act</span></b></a> to spur investment in economically distressed census tracts, reduces capital gains taxes for individuals and businesses who invest in specific areas designated as "opportunity
zones."<o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:150%;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<span style="font-family:"Helvetica",sans-serif;color:#666666">With opportunity zones, and any other place-based incentive program, it’s important to consider what we know and what we don’t:<o:p></o:p></span></p>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
<p class="MsoNormal"><o:p> </o:p></p>
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="100%" style="width:100.0%;border-collapse:collapse;min-width: 100%;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td valign="top" style="padding:6.75pt 0in 0in 0in;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" align="left" width="100%" style="width:100.0%;border-collapse:collapse;margin-left:-2.25pt;margin-right:-2.25pt;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td width="300" valign="top" style="width:225.0pt;padding:0in 0in 0in 0in;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" align="left" width="100%" style="width:100.0%;border-collapse:collapse;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td valign="top" style="padding:0in 13.5pt 6.75pt 13.5pt;max-width: 300px;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<p class="MsoNormal" style="line-height:150%"><strong><span style="font-family:"Helvetica",sans-serif;color:#666666">We know</span></strong><span style="font-family:"Helvetica",sans-serif;color:#666666"> the program will attract at least some investment to
low-income census tracts designated as zones. We also know that this investment will come at both a budgetary and economic cost.<o:p></o:p></span></p>
</td>
</tr>
</tbody>
</table>
</td>
<td width="300" valign="top" style="width:225.0pt;padding:0in 0in 0in 0in;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%;word-break:break-word">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" align="left" width="100%" style="width:100.0%;border-collapse:collapse;max-width: 300px;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td valign="top" style="padding:0in 13.5pt 6.75pt 13.5pt;max-width: 300px;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<p class="MsoNormal" style="line-height:150%"><strong><span style="font-family:"Helvetica",sans-serif;color:#666666">We don’t know</span></strong><span style="font-family:"Helvetica",sans-serif;color:#666666"> how effective opportunity zones will be at improving
the lives of low-income people in economically distressed communities. <o:p></o:p></span></p>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
<p class="MsoNormal"><o:p> </o:p></p>
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="100%" style="width:100.0%;border-collapse:collapse;min-width: 100%;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td valign="top" style="padding:6.75pt 0in 0in 0in;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" align="left" width="100%" style="width:100.0%;border-collapse:collapse;margin-left:-2.25pt;margin-right:-2.25pt;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td width="600" valign="top" style="width:6.25in;padding:0in 0in 0in 0in;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" align="left" width="100%" style="width:100.0%;border-collapse:collapse;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td valign="top" style="padding:0in 13.5pt 6.75pt 13.5pt;max-width: 100%;min-width: 100%;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<p class="MsoNormal" style="mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:150%;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<span style="font-family:"Helvetica",sans-serif;color:#666666">Both research and state level experience raise concerns that opportunity zones could actually be counterproductive to generating sustained development in these communities.<o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:150%;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<span style="font-family:"Helvetica",sans-serif;color:#666666">Research suggests place-based incentive programs:<o:p></o:p></span></p>
<ul type="disc">
<li class="MsoNormal" style="color:#666666;mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;line-height:150%;mso-list:l0 level1 lfo1;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<span style="font-family:"Helvetica",sans-serif">Redistribute rather than generate new economic activity<o:p></o:p></span></li><li class="MsoNormal" style="color:#666666;mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;line-height:150%;mso-list:l0 level1 lfo1;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<span style="font-family:"Helvetica",sans-serif">Subsidize investments that would have occurred anyway<o:p></o:p></span></li><li class="MsoNormal" style="color:#666666;mso-margin-top-alt:auto;mso-margin-bottom-alt:auto;line-height:150%;mso-list:l0 level1 lfo1;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<span style="font-family:"Helvetica",sans-serif">Displace low-income residents by increasing property values and encourage higher skilled workers to relocate to the area.<o:p></o:p></span></li></ul>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
<p class="MsoNormal"><o:p> </o:p></p>
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="100%" style="width:100.0%;border-collapse:collapse;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td valign="top" style="padding:6.75pt 13.5pt 6.75pt 13.5pt;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" align="left" width="100%" style="width:100.0%;background:#EEEEEE;border-collapse:collapse;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td valign="top" style="padding:0in 0in 0in 0in;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<p class="MsoNormal"><a href="https://TaxFoundation.us1.list-manage.com/track/click?u=fefb55dc846b4d629857464f8&id=5cc88f9522&e=528de34718" target="_blank"><span style="color:blue;text-decoration:none"><img border="0" width="564" style="width:5.875in" id="_x0000_i1029" src="https://gallery.mailchimp.com/fefb55dc846b4d629857464f8/images/02f2020b-c43f-4f62-b7cf-0181e8c54e84.png" alt="How do qualified opportunity fund investments work?"></span></a><o:p></o:p></p>
</td>
</tr>
<tr>
<td width="564" valign="top" style="width:409.5pt;padding:6.75pt 13.5pt 6.75pt 13.5pt;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%;word-break:break-word">
<p class="MsoNormal" align="center" style="text-align:center;line-height:150%"><b><span style="font-size:10.5pt;line-height:150%;font-family:"Helvetica",sans-serif;color:#343434">Click the infographic to learn about how qualified opportunity fund investments
work. <o:p></o:p></span></b></p>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
<p class="MsoNormal"><o:p> </o:p></p>
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="100%" style="width:100.0%;border-collapse:collapse;min-width: 100%;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td valign="top" style="padding:6.75pt 0in 0in 0in;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" align="left" width="100%" style="width:100.0%;border-collapse:collapse;margin-left:-2.25pt;margin-right:-2.25pt;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td width="600" valign="top" style="width:6.25in;padding:0in 0in 0in 0in;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" align="left" width="100%" style="width:100.0%;border-collapse:collapse;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td valign="top" style="padding:0in 13.5pt 6.75pt 13.5pt;max-width: 100%;min-width: 100%;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<p class="MsoNormal" style="mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:150%;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<span style="font-family:"Helvetica",sans-serif;color:#666666">Opportunity zones present certain budgetary and economic costs, but it is unclear whether they will actually benefit distressed communities.<o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:7.5pt;margin-right:0in;margin-bottom:7.5pt;margin-left:0in;line-height:150%;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<span style="font-family:"Helvetica",sans-serif;color:#666666">For now, policymakers should emphasize the data collection necessary to measure the effects of this program. Without it, we will be unable to measure the merits of this place-based approach compared
to other alternatives that could more effectively develop economically distressed communities.<o:p></o:p></span></p>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
<p class="MsoNormal"><o:p> </o:p></p>
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="100%" style="width:100.0%;border-collapse:collapse;min-width: 100%;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td valign="top" style="padding:0in 13.5pt 13.5pt 13.5pt;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<div align="center">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="100%" style="width:100.0%;background:#0094FF;border-collapse:collapse;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td style="padding:11.25pt 11.25pt 11.25pt 11.25pt;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<p class="MsoNormal" align="center" style="text-align:center"><span style="font-size:15.0pt;font-family:"Helvetica",sans-serif"><a href="https://TaxFoundation.us1.list-manage.com/track/click?u=fefb55dc846b4d629857464f8&id=1da1fe9c4c&e=528de34718" target="_blank" title="See the Full Study"><b><span style="color:white;text-decoration:none">See
the Full Study</span></b></a> <o:p></o:p></span></p>
</td>
</tr>
</tbody>
</table>
</div>
</td>
</tr>
</tbody>
</table>
<p class="MsoNormal"><o:p> </o:p></p>
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="100%" style="width:100.0%;border-collapse:collapse;min-width: 100%;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td valign="top" style="padding:6.75pt 0in 0in 0in;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" align="left" width="100%" style="width:100.0%;border-collapse:collapse;margin-left:-2.25pt;margin-right:-2.25pt;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td width="600" valign="top" style="width:6.25in;padding:0in 0in 0in 0in;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" align="left" width="100%" style="width:100.0%;border-collapse:collapse;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td valign="top" style="padding:0in 13.5pt 6.75pt 13.5pt;max-width: 100%;min-width: 100%;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<p class="MsoNormal" align="center" style="text-align:center;line-height:150%"><em><span style="font-size:14.5pt;line-height:150%;font-family:"Helvetica",sans-serif;color:#666666">You can also stay updated here:</span></em><span style="font-family:"Helvetica",sans-serif;color:#666666"><o:p></o:p></span></p>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
<p class="MsoNormal"><o:p> </o:p></p>
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="100%" style="width:100.0%;border-collapse:collapse;min-width: 100%;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td valign="top" style="padding:6.75pt 6.75pt 6.75pt 6.75pt;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<div align="center">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="100%" style="width:100.0%;border-collapse:collapse;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td style="padding:0in 6.75pt 0in 6.75pt;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<div align="center">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="100%" style="width:100.0%;border-collapse:collapse;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td valign="top" style="padding:6.75pt 6.75pt 0in 6.75pt;min-width: 100%;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<div align="center">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td valign="top" style="padding:0in 0in 0in 0in;min-width: 100%;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<div align="center">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td valign="top" style="padding:0in 0in 0in 0in;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" align="left" style="border-collapse:collapse;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td valign="top" style="padding:0in 7.5pt 6.75pt 0in;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<p class="MsoNormal" align="center" style="text-align:center"><a href="https://TaxFoundation.us1.list-manage.com/track/click?u=fefb55dc846b4d629857464f8&id=cc7c56c205&e=528de34718" target="_blank"><span style="color:blue;text-decoration:none"><img border="0" width="48" style="width:.5in" id="_x0000_i1030" src="https://cdn-images.mailchimp.com/icons/social-block-v2/color-twitter-96.png" alt="Twitter"></span></a><o:p></o:p></p>
</td>
</tr>
</tbody>
</table>
</td>
<td valign="top" style="padding:0in 0in 0in 0in;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" align="left" style="border-collapse:collapse;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td valign="top" style="padding:0in 7.5pt 6.75pt 0in;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<p class="MsoNormal" align="center" style="text-align:center"><a href="https://TaxFoundation.us1.list-manage.com/track/click?u=fefb55dc846b4d629857464f8&id=8d7d3f3563&e=528de34718" target="_blank"><span style="color:blue;text-decoration:none"><img border="0" width="48" style="width:.5in" id="_x0000_i1031" src="https://cdn-images.mailchimp.com/icons/social-block-v2/color-linkedin-96.png" alt="LinkedIn"></span></a><o:p></o:p></p>
</td>
</tr>
</tbody>
</table>
</td>
<td valign="top" style="padding:0in 0in 0in 0in;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" align="left" style="border-collapse:collapse;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td valign="top" style="padding:0in 7.5pt 6.75pt 0in;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<p class="MsoNormal" align="center" style="text-align:center"><a href="https://TaxFoundation.us1.list-manage.com/track/click?u=fefb55dc846b4d629857464f8&id=a685a2a2b5&e=528de34718" target="_blank"><span style="color:blue;text-decoration:none"><img border="0" width="48" style="width:.5in" id="_x0000_i1032" src="https://cdn-images.mailchimp.com/icons/social-block-v2/color-facebook-96.png" alt="Facebook"></span></a><o:p></o:p></p>
</td>
</tr>
</tbody>
</table>
</td>
<td valign="top" style="padding:0in 0in 0in 0in;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" align="left" style="border-collapse:collapse;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td valign="top" style="padding:0in 7.5pt 6.75pt 0in;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<p class="MsoNormal" align="center" style="text-align:center"><a href="https://TaxFoundation.us1.list-manage.com/track/click?u=fefb55dc846b4d629857464f8&id=be888c49ea&e=528de34718" target="_blank"><span style="color:blue;text-decoration:none"><img border="0" width="48" style="width:.5in" id="_x0000_i1033" src="https://cdn-images.mailchimp.com/icons/social-block-v2/color-youtube-96.png" alt="YouTube"></span></a><o:p></o:p></p>
</td>
</tr>
</tbody>
</table>
</td>
<td valign="top" style="padding:0in 0in 0in 0in;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" align="left" style="border-collapse:collapse;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td valign="top" style="padding:0in 0in 6.75pt 0in;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<p class="MsoNormal" align="center" style="text-align:center"><a href="https://TaxFoundation.us1.list-manage.com/track/click?u=fefb55dc846b4d629857464f8&id=65670eac08&e=528de34718" target="_blank"><span style="color:blue;text-decoration:none"><img border="0" width="48" style="width:.5in" id="_x0000_i1034" src="https://cdn-images.mailchimp.com/icons/social-block-v2/color-link-96.png" alt="Website"></span></a><o:p></o:p></p>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</div>
</td>
</tr>
</tbody>
</table>
</div>
</td>
</tr>
</tbody>
</table>
</div>
</td>
</tr>
</tbody>
</table>
</div>
</td>
</tr>
</tbody>
</table>
<p class="MsoNormal"><o:p></o:p></p>
</td>
</tr>
<tr>
<td valign="top" style="background:#EEEEEE;padding:6.75pt 0in 6.75pt 0in;background:cover;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%;background-size: cover;background-position-x:50%;background-position-y:50%" id="templateFooter">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="100%" style="width:100.0%;border-collapse:collapse;min-width: 100%;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td valign="top" style="padding:6.75pt 0in 0in 0in;min-width: 100%;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" align="left" width="100%" style="width:100.0%;border-collapse:collapse;margin-left:-2.25pt;margin-right:-2.25pt;min-width: 100%;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td width="600" valign="top" style="width:6.25in;padding:0in 0in 0in 0in;min-width: 100%;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" align="left" width="100%" style="width:100.0%;border-collapse:collapse;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td valign="top" style="padding:0in 13.5pt 6.75pt 13.5pt;max-width: 100%;min-width: 100%;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<p class="MsoNormal" align="center" style="text-align:center;line-height:150%"><strong><span style="font-size:18.0pt;line-height:150%;font-family:"Helvetica",sans-serif;color:#555555">The Tax Code Shouldn't Stand in the Way of Success</span></strong><span style="font-size:9.0pt;line-height:150%;font-family:"Helvetica",sans-serif;color:#999999"><br>
<br>
</span><em><span style="font-size:10.5pt;line-height:150%;font-family:"Helvetica",sans-serif;color:#555555">By educating taxpayers, the media, and policymakers, we're leading the tax reform debate to make people better off. Click the link below to see how you
can help!</span></em><span style="font-size:9.0pt;line-height:150%;font-family:"Helvetica",sans-serif;color:#999999"><br>
<o:p></o:p></span></p>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
<p class="MsoNormal"><o:p> </o:p></p>
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="100%" style="width:100.0%;border-collapse:collapse;min-width: 100%;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td valign="top" style="padding:0in 13.5pt 13.5pt 13.5pt;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<div align="center">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style="background:#59C255;border-collapse:collapse;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td style="padding:11.25pt 11.25pt 11.25pt 11.25pt;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<p class="MsoNormal" align="center" style="text-align:center"><span style="font-size:15.0pt;font-family:"Helvetica",sans-serif"><a href="https://TaxFoundation.us1.list-manage.com/track/click?u=fefb55dc846b4d629857464f8&id=c2d47c8a53&e=528de34718" target="_blank" title="Join Us Today!"><b><span style="color:white;text-decoration:none">Join
Us Today!</span></b></a> <o:p></o:p></span></p>
</td>
</tr>
</tbody>
</table>
</div>
</td>
</tr>
</tbody>
</table>
<p class="MsoNormal"><o:p> </o:p></p>
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="100%" style="width:100.0%;border-collapse:collapse;min-width: 100%;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td style="padding:13.5pt 13.5pt 13.5pt 13.5pt;min-width: 100%;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="100%" style="width:100.0%;border-collapse:collapse;min-width: 100%;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td style="border:none;border-top:solid #E7E7E7 1.5pt;padding:0in 0in 0in 0in;min-width: 100%;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
<p class="MsoNormal"><o:p> </o:p></p>
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="100%" style="width:100.0%;border-collapse:collapse;min-width: 100%;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td valign="top" style="padding:6.75pt 0in 0in 0in;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" align="left" width="100%" style="width:100.0%;border-collapse:collapse;margin-left:-2.25pt;margin-right:-2.25pt;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td width="600" valign="top" style="width:6.25in;padding:0in 0in 0in 0in;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" align="left" width="100%" style="width:100.0%;border-collapse:collapse;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td valign="top" style="padding:0in 13.5pt 6.75pt 13.5pt;max-width: 100%;min-width: 100%;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<p class="MsoNormal" align="center" style="text-align:center;line-height:150%"><span style="font-size:9.0pt;line-height:150%;font-family:"Helvetica",sans-serif;color:#999999"><img border="0" width="150" height="110" style="width:1.5625in;height:1.1458in" id="_x0000_i1035" src="https://gallery.mailchimp.com/fefb55dc846b4d629857464f8/images/ed3c856b-e741-4094-af46-badeffccaf4a.png"><o:p></o:p></span></p>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
<p class="MsoNormal"><o:p> </o:p></p>
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="100%" style="width:100.0%;border-collapse:collapse;min-width: 100%;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td valign="top" style="padding:6.75pt 0in 0in 0in;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" align="left" width="100%" style="width:100.0%;border-collapse:collapse;margin-left:-2.25pt;margin-right:-2.25pt;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td width="600" valign="top" style="width:6.25in;padding:0in 0in 0in 0in;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" align="left" width="100%" style="width:100.0%;border-collapse:collapse;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<tbody>
<tr>
<td valign="top" style="padding:0in 13.5pt 6.75pt 13.5pt;max-width: 100%;min-width: 100%;-ms-text-size-adjust: 100%;-webkit-text-size-adjust: 100%">
<p class="MsoNormal" align="center" style="text-align:center;line-height:150%"><em><span style="font-size:9.0pt;line-height:150%;font-family:"Helvetica",sans-serif;color:#999999">Copyright © 2019 Tax Foundation, All rights reserved.</span></em><span style="font-size:9.0pt;line-height:150%;font-family:"Helvetica",sans-serif;color:#999999"><br>
You are receiving this email because you have signed up for the Tax Foundation email list.<br>
<br>
<strong><span style="font-family:"Helvetica",sans-serif">Our mailing address is:</span></strong><o:p></o:p></span></p>
<p class="MsoNormal" align="center" style="text-align:center;line-height:150%"><span class="org"><span style="font-size:9.0pt;line-height:150%;font-family:"Helvetica",sans-serif;color:#999999">Tax Foundation</span></span><span style="font-size:9.0pt;line-height:150%;font-family:"Helvetica",sans-serif;color:#999999"><o:p></o:p></span></p>
<p class="MsoNormal" align="center" style="text-align:center;line-height:150%"><span style="font-size:9.0pt;line-height:150%;font-family:"Helvetica",sans-serif;color:#999999">1325 G St NW<o:p></o:p></span></p>
<p class="MsoNormal" align="center" style="text-align:center;line-height:150%"><span style="font-size:9.0pt;line-height:150%;font-family:"Helvetica",sans-serif;color:#999999">Suite 950<o:p></o:p></span></p>
<p class="MsoNormal" align="center" style="text-align:center;line-height:150%"><span class="locality"><span style="font-size:9.0pt;line-height:150%;font-family:"Helvetica",sans-serif;color:#999999">Washington</span></span><span style="font-size:9.0pt;line-height:150%;font-family:"Helvetica",sans-serif;color:#999999">,
<span class="region">DC</span> <span class="postal-code">20005</span><o:p></o:p></span></p>
<p class="MsoNormal" align="center" style="text-align:center;line-height:150%"><span style="font-size:9.0pt;line-height:150%;font-family:"Helvetica",sans-serif;color:#999999"><br>
<a href="https://TaxFoundation.us1.list-manage.com/vcard?u=fefb55dc846b4d629857464f8&id=8387957ec9"><span style="color:#0094FF">Add us to your address book</span></a><o:p></o:p></span></p>
<p class="MsoNormal" align="center" style="text-align:center;line-height:150%"><span style="font-size:9.0pt;line-height:150%;font-family:"Helvetica",sans-serif;color:#999999"><br>
<br>
Want to change how you receive these emails?<br>
<a href="https://TaxFoundation.us1.list-manage.com/profile?u=fefb55dc846b4d629857464f8&id=8387957ec9&e=528de34718"><span style="color:#0094FF">Update your profile or unsubscribe</span></a>
<o:p></o:p></span></p>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
</td>
</tr>
</tbody>
</table>
<p class="MsoNormal"><o:p></o:p></p>
</td>
</tr>
</tbody>
</table>
</div>
</td>
</tr>
</tbody>
</table>
</div>
</td>
</tr>
</tbody>
</table>
</div>
<p class="MsoNormal" align="center" style="margin-bottom:12.0pt;text-align:center">
<br>
<br>
<br>
<o:p></o:p></p>
<div align="center">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" width="100%" style="width:100.0%;background:white;border-collapse:collapse" id="canspamBarWrapper">
<tbody>
<tr>
<td valign="top" style="border:none;border-top:solid #E5E5E5 1.0pt;padding:15.0pt 0in 15.0pt 0in">
<div align="center">
<table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style="border-collapse:collapse" id="canspamBar">
<tbody>
<tr>
<td valign="top" style="padding:0in 15.0pt 3.75pt 15.0pt">
<p class="MsoNormal" align="center" style="margin-bottom:12.0pt;text-align:center;line-height:150%">
<span style="font-size:8.5pt;line-height:150%;font-family:"Helvetica",sans-serif;color:#606060">This email was sent to
<a href="mailto:lesli.crofford@okcommerce.gov" target="_blank">lesli.crofford@okcommerce.gov</a>
<br>
<a href="https://TaxFoundation.us1.list-manage.com/about?u=fefb55dc846b4d629857464f8&id=8387957ec9&e=528de34718&c=c60a5c1dc9" target="_blank"><em><span style="font-family:"Helvetica",sans-serif;color:blue">why did I get this?</span></em></a> <a href="https://TaxFoundation.us1.list-manage.com/unsubscribe?u=fefb55dc846b4d629857464f8&id=8387957ec9&e=528de34718&c=c60a5c1dc9">unsubscribe
from this list</a> <a href="https://TaxFoundation.us1.list-manage.com/profile?u=fefb55dc846b4d629857464f8&id=8387957ec9&e=528de34718">update subscription preferences</a>
<br>
Tax Foundation · 1325 G St NW · Suite 950 · Washington, DC 20005 · USA <o:p></o:p></span></p>
</td>
</tr>
</tbody>
</table>
</div>
</td>
</tr>
</tbody>
</table>
</div>
<p class="MsoNormal"><img border="0" width="1" height="1" style="width:.0104in;height:.0104in" id="_x0000_i1036" src="https://TaxFoundation.us1.list-manage.com/track/open.php?u=fefb55dc846b4d629857464f8&id=c60a5c1dc9&e=528de34718"><o:p></o:p></p>
<p class="MsoNormal"><span style="font-size:11.0pt;color:#1F497D"><o:p> </o:p></span></p>
<p class="MsoNormal"><span style="font-size:11.0pt;color:#1F497D"><o:p> </o:p></span></p>
<div>
<p class="MsoNormal"><b><span style="font-size:11.5pt;font-family:"Arial",sans-serif;color:#00263E">Jeremy Zeller</span></b><span style="font-size:11.0pt;color:#002060"><br>
</span><span style="font-size:9.0pt;font-family:"Arial",sans-serif;color:#757575">Economic Development Specialist/Main Street<br>
Oklahoma Department of Commerce</span><span style="font-size:9.0pt;font-family:"Arial",sans-serif;color:#939597"><br>
</span><u><span style="font-size:9.0pt;font-family:"Arial",sans-serif;color:#002060">Jeremy.Zeller@OKcommerce.gov<br>
</span></u><span style="font-size:9.0pt;font-family:"Arial",sans-serif;color:#757575">405-815-5186
</span><span style="font-size:8.0pt;font-family:"Verdana",sans-serif;color:#757575">|
</span><u><span style="font-size:9.0pt;font-family:"Arial",sans-serif;color:#002060"><a href="https://okcommerce.gov/"><span style="color:#002060">OKcommerce.gov</span></a></span></u><span style="font-size:11.0pt;color:#1F497D"><br>
<br>
</span><span style="font-size:9.0pt;font-family:"Arial",sans-serif;color:#939597"><o:p></o:p></span></p>
</div>
</div>
</body>
</html>