Economics
Biden’s Team Sees Promise in a Tax Break Championed by Trump
- President-elect’s aide helped inspire opportunity zone breaks
- Instead of fighting break, new administration may fine-tune it
Joe Biden speaks in Wilmington, Delaware on Nov. 9.
Photographer: Joe Raedle/Getty ImagesThis article is for subscribers only.
President Donald Trump spent months on the campaign trail taking credit for “opportunity zones,” a policy meant to encourage investment in distressed communities across the U.S.
Joe Biden’s team sees potential in the idea, too.