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WTC Records Folder 0140 label, 2001

Machine-extracted title · confidence 100%

Archival folder label from the Office of the Mayor for World Trade Center records, identified as Folder 0140.

NYC-WTC_000136670–000136818

Folder label: “Folder 140

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NYC 9/11 Public Portal Document

companies and workers to return to the area. Retaining employees would help stabilize the tax base and would stimulate other sectors of the economy, such as the retail and business services sectors.

IV. Incentives to Retain a Residential Community in Lower Manhattan > Resident Refundable Credit

Proposal. Provide a refundable credit against Federal income tax equal to $10,000 for individuals who live in lower Manhattan below Canal Street. The credit is limited to individuals with Federal adjusted gross income under $150,000.

Reasons for Change: This proposal provides an incentive to keep residents in lower Manhattan and to stimulate others to move to the area.

C:\windows\TEMP\4-point stimulus plan.doc 10

NYC-WTC 000136703

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NYC-WTC_000136703Source: NYC Law Department, mirrored locally

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