In 2013, early investor in Facebook Sean Parker bankrolled a lobbying effort that pairs a capital-gains tax break with an incentive to invest in distressed neighborhoods. Each state chooses areas that are “distressed,” often defined by high unemp...
Tag: Opportunity Zones
In 2013, early investor in Facebook Sean Parker bankrolled a lobbying effort that pairs a capital-gains tax break with an incentive to invest in distressed neighborhoods. Each state chooses areas that are “distressed,” often defined by high unemp...
Hidden within the 2018 tax reform bill is a provision that could reinvent development financing across the country. The Investment in Opportunity Act, a bipartisan amendment to the bill, encourages investment of realized capital gains in Low-Income C...
Hidden within the 2018 tax reform bill is a provision that could reinvent development financing across the country. The Investment in Opportunity Act, a bipartisan amendment to the bill, encourages investment of realized capital gains in Low-Income C...