The 2017 tax cut in the US included a provision that would forgive capital gains taxes, if invested for ten years in an \"opportunity zone\" — a low-income area designated by a state governor. But the idea of encouraging investments in poor and mostly black areas has a long history. We talk to Mehrsa Baradaran, a law professor at the University of Georgia and Andrew Schrank, a sociologist at Brown University.
","author_name":"Financial Times"}