Source: National Review
Under the Investing in Opportunity Act, investors can have a temporarily delay on paying taxes on their investments if they choose to reinvest in struggling communities across the U.S.
The bill is designed to allow those in the private-sector to continue to do what they do while also helping the poor. It aims to provide investors with a tax incentive to put their money towards areas that need it the most, which has proven to be more successful than government-run anti-poverty programs.
Read full article at: National Review