Paul unveils plan for Detroit 'economic freedom zone' | The Detroit News
Kentucky U.S. Sen. Rand Paul unveiled Thursday his plan to save Detroit two days after a judge officially declared the Motor City bankrupt.
Paul, widely considered a 2016 potential presidential candidate, said he will introduce legislation Monday to create “economic freedom zones” by dramatically lowering taxes in depressed areas and loosen visa rules to encourage foreign entrepreneurs to immigrate to the city.
“We hope to create taxes so low you essentially are able to bail yourselves out,” Paul said Thursday in a conference call outlining his plan."
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