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David Wessel, "Only the Rich Can Play"
Published 4 years, 5 months ago
Description
Opportunity Zones were created under the Tax Cuts and Jobs Act, signed into law by President Trump in December 2017. Originally the brainchild of Napster co-founder Sean Parker and supported by both Republicans and Democrats, the idea was to attract investment to poor communities across the U.S. by offering tax breaks for investors. Brookings Institution senior fellow and former Wall Street Journal economics editor and columnist David Wessel author of "Only the Rich Can Play," talks about the creation of Opportunity Zones and discusses the impact they have had.
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