Jay Miller

New tax law offers chance to infuse private capital into distressed areas

Large areas of inner-city Milwaukee, as well as Racine, Kenosha and elsewhere, would be strong candidates for Opportunity Zone designation. That these communities would benefit from an infusion of new capital — if spent well — can hardly be doubted. Moreover, unlike most government programs, this one would be funded with private capital that could be used to start up or expand businesses starving for resources.

Read More