Topic: Economic Renewal

1 chapters across the catalog

03: Opportunity Zone
1:06:32 - 1:09:43

03: Opportunity Zone

Donald Trump, Opportunity Zone Tax Incentives

President Donald Trump explains the mechanics of Opportunity Zones, which designated 8,700 neighborhoods for revitalized investment. The program lowers capital gains taxes to zero for long-term investments in these distressed areas. The hosts argue that while the program is marketed as helping the poor, it primarily serves as a tax shelter for wealthy real estate developers.