GOP House Candidate Helped To Create Tax Scam’s “Opportunity Zone” Program That Is Mainly Helping Real Estate Developers

COLUMBUS — During last night’s Republican National Convention, U.S. Sen. Tim Scott talked about “opportunity zones” — which the Republican candidate challenging state Rep. Phil Robinson has touted as helping to create — but failed to mention the program has led to “relatively little job creation while disproportionately helping high-profit real estate projects and not small businesses.”

Donald Trump’s tax scam was a massive giveaway to Wall Street banks and big corporations like General Motors, while working families and small businesses have gotten screwed,” said Ohio Democratic Party Chairman David Pepper. “And the parts of the law that were supposed to help create jobs and investment in low-income communities are instead benefiting wealthy real estate developers — including, potentially, the Trump Organization and the Kushner family, which the Treasury Department inspector general is investigating.

“It appears that Shay Hawkins’ biggest achievement was creating a program to help real estate investors like Donald Trump and Jared Kushner and then starting a lobbying firm to be the mouthpiece for the investors who are getting rich off that program. Wealthy special interests already have plenty of representation at the Ohio Statehouse; they don’t need more. Phil Robinson is a representative for the people, and he has been fighting to restore Ohio’s promise as a place where people want to move to find a good job, a good education and raise a family.”

READ MORE:

New York Times: A Trump Tax Break Is Not Spurring Job Creation, Study Finds

Urban Institute: The Opportunity Zone Incentive Isn’t Living Up to Its Equitable Development Goals. Here Are Four Ways to Improve It

 

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