Source: Show-Me Institute
by Patrick Tuohey
“When Congress created Opportunity Zones in 2017, the goal was simple: use tax incentives to steer private investment into distressed communities. Investors could defer or eliminate capital-gains taxes if they reinvested those gains in designated census tracts. The hope was that these incentives would spur development and expand opportunity in struggling neighborhoods. But new research suggests the program may suffer from the same problems as Tax-Increment Financing (TIF).” (03/11/26)
https://showmeinstitute.org/article/corporate-welfare/are-opportunity-zones-just-federal-level-tif/