Friday, 9 August 2019

“The rich will get richer anyway”: HUD Secretary Ben Carson dismisses concerns that Opportunity Zones will only benefit rich people

Ben Carson is well aware of the complaints directed at the federal Opportunity Zones, and how the tax incentive program meant to boost struggling communities may only end up benefiting rich investors and developers. On Friday, Carson, the Secretary of the Department of Housing and Urban Development, offered his frank assessment of that belief. “Some people have complained, and said, ‘This is just a mechanism for rich people to get richer,’” he said during a […]



source https://therealdeal.com/national/2019/08/09/the-rich-will-get-richer-anyway-hud-secretary-ben-carson-dismisses-concerns-that-opportunity-zones-will-only-benefit-rich-people/#new_tab

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