GW WonkCast S3E6-2: Opportunity Zones for Investment

The new tax bill contains an opportunity zones provision which allows companies and corporations to defer capital gains to an opportunity fund. These funds will be allocated to low-income tracks. Special guest MPP Lorena Roque who concentrates on economic and energy policy joins to unpack the provision. co-Host Erik LaDue moderates joined by co-Hosts Katherine Lundie and Gabe Moss. Together, the team speculates what implications the policy could have for economic and regional inequality based on how it is implemented.

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The Bill:

U.S. Congress, The Tax Bill. Please see the Opportunity Zone Provision Page 130.

Relevant Articles:

Geographic Inequality Is Swallowing the Recovery, City Lab

Tucked into the Tax Bill, a Plan to Help Distressed America, The New York Times

The Voice of Entrepreneurs is Needed Now, The Kauffman Foundation

Opportunity Zones: A New Incentive for Investing in Low-Income Communities, Economic Innovation Group

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