Special Tax Break Zones Defined for All 50 States

Special Tax Break Zones Defined for All 50 States

Workers guide steel beams into place at a construction site in San Francisco, California September 1, 2011.  REUTERS/Robert Galbraith
© Robert Galbraith / Reuters
By Michael Rainey

The U.S. Treasury has approved the final group of opportunity zones, which offer tax incentives for investments made in low-income areas. The zones were created by the tax law signed in December.

Bill Lucia of Route Fifty has some details: “Treasury says that nearly 35 million people live in the designated zones and that census tracts in the zones have an average poverty rate of about 32 percent based on figures from 2011 to 2015, compared to a rate of 17 percent for the average U.S. census tract.”

Click here to explore the dynamic map of the zones on the U.S. Treasury website. 

Clinton Loses Altitude in Iowa

By The Fiscal Times Staff

 

Sanders and Biden Pressure Clinton in a Three-Way Race

By The Fiscal Times Staff

 

Super PACS Have Raised a Startling $258 Million…So Far

By The Fiscal Times Staff

 

Clinton Improves in National Poll, but Biden's Potential Grows

By The Fiscal Times Staff

  

Trump Falls to Second in Michigan Poll

By The Fiscal Times Staff

 

Michigan GOP Poll