Tag: opportunity zones

Economy, Washington

Tim Scott’s ‘opportunity zones’ drew $29B to low-income areas: ‘Changing the game’

This week, the Government Accountability Office (GAO) released a report on the impact of Opportunity Zones (OZs) on America's most underserved communities. Providing tax incentives for investments in designated OZs was a part of Senator Tim Scott's (R-S.C.) signature work in the Tax Cuts and Jobs Act of 2017. Among other findings, the GAO reported:  The census … Continue reading Tim Scott’s ‘opportunity zones’ drew $29B to low-income areas: ‘Changing the game’