Will opportunity zone tax breaks help low-income areas?
Clip: 06/16/2019 | 9m 42s
The 2017 tax law created more than 8,700 “opportunity zones” around the country, where investors receive tax breaks in exchange for putting money in designated, low-income areas. It’s an approach that, according to its supporters, will spur economic development. But critics say it may not do much for the residents it was designed to help. Hari Sreenivasan reports from Tempe, Arizona.
Aired: 06/16/19
Problems Playing Video?
PBS NewsHour
Will opportunity zone tax breaks help low-income areas?
Major corporate funding for the PBS NewsHour is provided by BNSF, Consumer Cellular, Leidos, Babbel, and Raymond James. Funding for the PBS NewsHour Weekend is provided by Mutual of America. For a complete list of funders for the PBS NewsHour and PBS NewsHour weekend, click here.
