WCQS News

'Opportunity Zones' Ripe For Investment


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A little-known provision in the Trump tax cut bill has the potential to bring economic investment in some of the poorest areas of the country, including all across Western North Carolina. Many local governments have economic incentive policies designed to lure new businesses, but an overlooked provision halfway through President Donald Trump’s Tax Cuts and Jobs Act of 2017 gave poverty-stricken census tracts a new tool for their economic development toolboxes, called “opportunity zones.”
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WCQS NewsBy News