Building a Bigger Opportunity Zones Boondoggle
Touted as a golden ticket for struggling neighborhoods, Opportunity Zones were supposed to spark revitalization by luring investors with tax breaks. But as the Senate eyes a permanent extension, a closer look reveals who’s really cashing in—and it’s not the communities. This sharp breakdown from Boondoggle uncovers how luxury developers, wealthy investors, and poor oversight have turned a well-marketed policy into another tool for upward wealth transfer. The promises remain; the benefits don’t. Here’s what’s broken—and what little is being done to fix it.
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