Tax incentives target poor neighborhoods but leave communities behind

The development of place-based investment tax incentives such as opportunity zones can be explained as a predictable result of the “pro-gentrification legal, business and political environment that produced them,” said Michelle D. Layser, a professor of law at Illinois. Photo by College of Law


PHIL CICIORA

Summary
Tax incentives target poor neighborhoods but leave communities behind
Article Name
Tax incentives target poor neighborhoods but leave communities behind
Description
Lawmakers often tout pro-gentrification tax incentives such as the new federal “opportunity zone” tax incentive – the tax break offered to developers in the Tax Cuts and Jobs Act of 2017