by Lawmakers sold opportunity zones as a solution for this country’s poorest communities but, two years into the program, that claim does not seem to be holding up. Rather than infusing poor communities with much-needed cash, it seems that many zones are padding the already bursting pockets of some of the country’s wealthiest individuals. No story ...
Topics:
CEPR Blog considers the following as important: CEPR Blog
This could be interesting, too:
CEPR Blog writes Who Exactly Are Joe Biden and Pete Buttigieg’s Bundlers?
CEPR Blog writes Dem Prez Candidates Fundraising from Union-Busting Lawyers
CEPR Blog writes Lifting Hold on Public Charge Rule Evokes Antebellum Slave Codes
CEPR Blog writes Year in Review – What Changed at Independent Agencies in 2019?
Lawmakers sold opportunity zones as a solution for this country’s poorest communities but, two years into the program, that claim does not seem to be holding up. Rather than infusing poor communities with much-needed cash, it seems that many zones are padding the already bursting pockets of some of the country’s wealthiest individuals. No story has better embodied the mismatch between the program’s intent and actual outcome than ProPublica’s report, out last week, detailing how a luxury apartment development in a superyacht marina came to qualify for the tax break.