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[quote=Anonymous][quote=Anonymous]Senator Cory Booker, Rep. Emanuel Cleaver, and Rep. Ron Kind - key Democrats in Opportunity Zone effort - call today for Treasury Inspector General to investigate potential political influence in selection of areas that benefit from tax break, citing New York Times & ProPublica reporting indicating that former junk bond criminal Michael Milken and NBA owner Dan Gilbert profited from the designations. 
https://www.nytimes.com/2019/10/26/business/michael-milken-trump-opportunity-zones.html#click=https://t.co/BVZWJQBkPJ
https://www.propublica.org/article/how-a-tax-break-to-help-the-poor-went-to-nba-owner-dan-gilbert/amp?__twitter_impression=true[/quote]

“Sen. Ron Wyden, D-Ore., introduced a bill this week that would significantly narrow the scope of the program. It would remove hundreds of areas that the original legislation allowed to benefit from the break even though they were not poor, including the two areas of Detroit and Baltimore that ProPublica identified. It would also vastly increase the reporting requirements for those taking advantage of the break and narrow the kinds of investments that would be eligible to receive it.”
https://www.propublica.org/article/billionaires-keep-benefiting-from-a-tax-break-to-help-the-poor-now-congress-wants-to-investigate/amp?__twitter_impression=true[/quote]

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