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Wealthy shielded billions with Trump tax break

opportunity-zone-boarded-up-row-houses

Opportunity zone funds have taken in over $10 billion, and more than $3 billion of that was invested since January

Just before the coronavirus roiled the economy, wealthy investors piled into funds that take advantage of a popular, two-year-old tax break meant to help poor communities.

More than $10 billion in total has flowed into opportunity zone funds, a survey released Thursday by tax adviser Novogradac s

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