‘Opportunity zone’ could bring business to poor areas
When President Donald Trump signed the Tax Cuts and Jobs Act into law on Dec. 22, 2017, proponents hailed it as the most significant tax reform in three decades. Lost in the hullabaloo over the tiny, temporary tax bracket adjustments — financed by a burgeoning federal deficit — was a new program designed to spur investment in low-income census tracts across the country.
