And Opportunitny Zones will be drawn around predominately black neighborhoods. Sloppy reparations.
Opportunity Zones? What kind of politically correct doublespeak is this in the Republican Primary?!
If you haven’t noticed, because of Democrat plantation politics most of the areas where the poor are most concentrated happen to be urban centers which are, yes, largely black.
If someone wants to write a policy focusing on our most concentrated poor areas, yes, that will focus on urban centers that are largely black.
Getting rid of these plantations helps us all.
Would you want to move to downtown Detroit so you could get a percentage off your income tax? Get real.
Moreover, you are not accurate if you think OZ only apply to black city centers. ANY locale can apply to be designated an OZ; there are no restrictions on that. ANY locale that applies and meets the criteria, including (as at the link I’ve posted upthread) abolishing minimum wage laws and implementing right-to-work laws (no unions), can become an OZ.
And, again, anyone who wants to live in an OZ is free to move there to take advantage of its (tiny) tax advantage.
Finally, as I posted on this reparations nonsense earlier:
The whole political reason for these OZ is that in most of these urban centers people have been paying ZERO taxes, In fact, they were getting a check from taxpayers, called the Earned Income Tax Credit.
ALL that changes under 999. Hence the wailing by Libs and, unfortunately, Michele Bachmann, that 999 will “hurt the poor the most.”
What’s the argument there? That because these people were paying NOTHING and now will have to pay SOMETHING, they, the poor, are “hurt the most.”
Making people who were paying nothing pay something is so far from any stink of “reparations” as to be laughable. It’s the diametric opposite.
See post #122, especially re Michele Bachmann.
If you want to see reparations somewhere, look at the welfare state we have been paying into for decades. That is going to start to change, even just under 999. Every time someone swipes their EBT card, they would be returning 9% of their present taxpayer handout back to the taxpayers through the NRST.