

Only the Rich Can Play
Book • 2021
David Wessel's book explores how a tax break, known as Opportunity Zones, was created and became part of the 2017 Trump tax bill.
Despite its intention to spur development in underserved communities, it primarily benefited wealthy investors by allowing them to avoid capital gains taxes on investments in lucrative areas like the Las Vegas Strip and the Mall of America.
Wessel examines both the successes and failures of this initiative, highlighting how it exemplifies the systemic favoritism towards the rich.
Despite its intention to spur development in underserved communities, it primarily benefited wealthy investors by allowing them to avoid capital gains taxes on investments in lucrative areas like the Las Vegas Strip and the Mall of America.
Wessel examines both the successes and failures of this initiative, highlighting how it exemplifies the systemic favoritism towards the rich.
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as a new book that tells the story of the creation of opportunity zones.


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