Lawmakers often tout pro-gentrification tax incentives such as the new federal “opportunity zone” tax incentive—the tax break offered to developers in the Tax Cuts and Jobs Act of 2017—as tools to promote capital investment in poor neighborhoods.
Lawmakers often tout pro-gentrification tax incentives such as the new federal “opportunity zone” tax incentive—the tax break offered to developers in the Tax Cuts and Jobs Act of 2017—as tools to promote capital investment in poor neighborhoods.