1. Opportunity Zones for Some.
- Author
-
DePILLIS, LYDIA and Tankersley, Jim
- Subjects
- *
POOR communities , *PUBLIC housing , *TAX incentives , *DEPARTMENT stores - Abstract
The article reports on the U.S. tax break created in 2017 that failed to provide equal benefit to low-income areas known as opportunity zones. It explains the opportunity zone idea and its difference from other tax incentives and subsidies in terms of capital gains taxes on income and investment tax. It offers a look into how money has and has not reached the designated opportunity zones in Alabama, including the surge in construction and increased supply of multifamily housing in Huntsville.
- Published
- 2024