Poorer communities lost out.
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The Big Story
Thu. Nov 14, 2019
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A Trump Tax Break To Help The Poor Went To a Rich GOP Donor’s Superyacht Marina
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Wealthy donors Wayne Huizenga Jr. and Jeff Vinik lobbied then-Gov. Rick Scott for the lucrative tax break — and won it. Poorer communities lost out.
by Justin Elliott, Jeff Ernsthausen and Kyle Edwards
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More From This Investigation
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How a Tax Break to Help the Poor Went to NBA Owner Dan Gilbert
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After a lobbying effort, Dan Gilbert, billionaire founder of Quicken Loans, won special tax status for wealthy areas of downtown Detroit where he owns billions worth of property.
by Jeff Ernsthausen and Justin Elliott
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One Trump Tax Cut Was Meant to Help the Poor. A Billionaire Ended Up Winning Big.
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Opportunity zones are meant to spur new investment in poor areas. But Under Armour’s Kevin Plank is getting a tax break for investments that are not new and not in a poor tract. And Plank’s area was picked over neighborhoods that are actually poor.
by Jeff Ernsthausen and Justin Elliott
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Billionaires Keep Benefiting From a Tax Break to Help the Poor. Now, Congress Wants to Investigate.
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In response to reporting by ProPublica and others that show the opportunity zone tax break helping the politically connected, members of Congress are calling for changes in the law.
by Jeff Ernsthausen and Justin Elliott
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