August 25, 2020  |  

Debunking Opportunity Zones

This week, the Trump administration is doubling down on its claims that Republicans are investing in low-income and disenfranchised communities with their “Opportunity Zone” tax legislation. But the real story lies under the surface, where billionaire investors, real estate magnates, and high-income areas are scooping up the tax breaks and benefits while leaving behind the very communities Opportunity Zones are meant to lift up.

Like most Trump-GOP tax legislation, Opportunity Zones are yet another giveaway to the wealthy and powerful at the expense of working families. Here’s everything you need to know about Trump and the GOP’s “Opportunity Zone” tax scam.