Article 4DQ4B Welfare for the Wealthy: Trump Administration Tax Loophole Is Government Assistance for Gentrifiers

Welfare for the Wealthy: Trump Administration Tax Loophole Is Government Assistance for Gentrifiers

by
Michael Harriot
from on (#4DQ4B)
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Hidden in the new tax code passed by a Republican-led Congress and signed by the Trump administration is a new program that critics say will reward gentrification by giving billions in tax breaks to wealthy venture capitalists, individuals and corporations who invest in low-income communities.

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