Black businesses largely miss out on opportunity zone money

President Donald Trump says the opportunity zone tax break he signed into law in 2017 has created “tens of thousands of jobs” and is helping minority communities and Black business owners. In a tweet earlier this month, he pointed to opportunity zones as proof he’d done more for the Black community “than any President since Abraham Lincoln.”There’s no way to prove that the tax break for wealthy investors who buy a stake in a business or property in the zones has created jobs or helped minority business owners. The federal government doesn’t collect information on projects attracting investment…

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