Topic: Capital Gains

1 chapters across the catalog

03: Opportunity Zone
• 1:06:41 - 1:15:44

03: Opportunity Zone

Mechanics of Opportunity Zones and Capital Gains Shelters

Donald Trump explains the intent behind Opportunity Zones, which offer zero capital gains tax for long-term investments in designated neighborhoods. The hosts critique the program's implementation under HUD and Ben Carson, noting that only 11% of zones are in truly poor neighborhoods. They describe the program as a "wild west" tax shelter for the wealthy that requires minimal actual business activity within the distressed areas.