Study Finds Trump Tax Break Fails to Deliver for Communities
- ‘Opportunity zones’ not meeting goals, according to analysis
- Urban Institute sees barriers to socially minded projects
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President Donald Trump recently highlighted the “opportunity zone” tax breaks he signed into law in late 2017 as a reason his administration “has done more for the Black Community than any president since Abraham Lincoln.”
A new analysis by the left-leaning Urban Institute questions if the program is meeting its goal of spurring development and creating jobs in “undercapitalized communities,” many of which of are majority Black.