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The history of what we now call opportunity zones
FT Alphachat
English - January 25, 2019 05:00 - 36 minutes - 49.9 MB - ★★★★★ - 234 ratingsNews Commentary News leadership finance business culture politics entrepreneur health interview entrepreneurship news Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Olivier Blanchard on debt: “Relax. Don’t relax too much, but relax”
The 2017 tax cut in the US included a provision that would forgive capital gains taxes, if invested for ten years in an "opportunity zone" — a low-income area designated by a state governor. But the idea of encouraging investments in poor and mostly black areas has a long history. We talk to Mehrsa Baradaran, a law professor at the University of Georgia and Andrew Schrank, a sociologist at Brown University.
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