“Opportunity Zones” did NOT much help poor communities. They were another scam to give the rich another tax loophole.
Powerful interests rip off the general public in order to serve powerful interests. The public wants to end poverty and help poor communities, but the government created “opportunity zones” that — instead of doing what they were purported to do — actually enrich businesses and rip off taxpayers. See the article at this link: Paul Constant, ‘Opportunity zones’ meant to boost poor communities did little more than give the rich another tax loophole, Business Insider. The Trump tax cuts could serve as a watershed moment for trickle-down precisely because they prove the fallacy at the heart of the idea that […]