Help is on the way

atlkvb

All-American
Jul 9, 2004
82,558
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President Trump today officially signed his executive order to rebuild America's inner cities. By the end of his term, major transformations will be taking shape with more to come. Dems not happy. Offer no alternatives.


https://thehill.com/policy/finance/...-aimed-at-revitalizing-distressed-communities

excerpt
"The executive order is designed to supplement a piece of Trump's 2017 tax-cut law known as opportunity zones. Under the opportunity zone program, investors can receive capital-gains tax breaks if they invest in distressed areas that were certified by the Treasury Department.

More than 8,000 communities nationwide, where nearly 35 million people live, are in opportunity zones. Treasury Secretary Steven Mnuchin has said that he expects that there will be about $100 billion in private capital invested in the zones".

https://www.realclearpolitics.com/v...h_opportunity_and_revitalization_council.html


Go Trump!
 
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Airport

All-American
Dec 12, 2001
86,292
6,985
113
President Trump today officially signed his executive order to rebuild America's inner cities. By the end of his term, major transformations will be taking shape with more to come. Dems not happy. Offer no alternatives.


https://thehill.com/policy/finance/...-aimed-at-revitalizing-distressed-communities

excerpt
"The executive order is designed to supplement a piece of Trump's 2017 tax-cut law known as opportunity zones. Under the opportunity zone program, investors can receive capital-gains tax breaks if they invest in distressed areas that were certified by the Treasury Department.

More than 8,000 communities nationwide, where nearly 35 million people live, are in opportunity zones. Treasury Secretary Steven Mnuchin has said that he expects that there will be about $100 billion in private capital invested in the zones".

https://www.realclearpolitics.com/v...h_opportunity_and_revitalization_council.html


Go Trump!
Inner cities need help. Wouldn't mind seeing a bigger break on income taxes
 

atlkvb

All-American
Jul 9, 2004
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Inner cities need help. Wouldn't mind seeing a bigger break on income taxes

This program doesn't get much media attention, but there are some exciting projects already well underway. This announcement today is strictly to let Congress know it's going to be a budget priority for Trump this year.
 

Airport

All-American
Dec 12, 2001
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This program doesn't get much media attention, but there are some exciting projects already well underway. This announcement today is strictly to let Congress know it's going to be a budget priority for Trump this year.
Kentucky sen Rand Paul had an interesting idea to wave taxes for inner city blighted areas.
 

atlkvb

All-American
Jul 9, 2004
82,558
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Kentucky sen Rand Paul had an interesting idea to wave taxes for inner city blighted areas.

If we can get property values up in blighted areas it's going to be a huge Bonanza not only to cities but States and the communities surrounding the Enterprise zones. That could have a huge impact on things like Transportation infrastructure education and even schools in local finances. Very important project underway.