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Years ago, a Texas legislator who was known to be bribable explained his ethical framework as opportunistic: “I seen my chances, and I took ‘em,” he said.
Likewise, such hustlers as Dan Gilbert (the billionaire founder of Quicken Loans), Michael Milken (the disgraced Wall Street finagler), and Stephen Ross (the owner of the Miami Dolphins) have seen opportunistic chances in Donald Trump’s program of “Opportunity Zone” tax breaks – and grabbed them. The new law was trumpeted as a channel for funneling new investments into poor communities, but billionaires have jumped on it like chickens on a cricket, devouring the poor people’s tax subsidy to underwrite their own luxury projects.
47-27A How greedy billionaires become richer greedy billionaires
Here's your free preview of this content:
Download the files for this content at the end of the post.
Years ago, a Texas legislator who was known to be bribable explained his ethical framework as opportunistic: “I seen my chances, and I took ‘em,” he said.
Likewise, such hustlers as Dan Gilbert (the billionaire founder of Quicken Loans), Michael Milken (the disgraced Wall Street finagler), and Stephen Ross (the owner of the Miami Dolphins) have seen opportunistic chances in Donald Trump’s program of “Opportunity Zone” tax breaks – and grabbed them. The new law was trumpeted as a channel for funneling new investments into poor communities, but billionaires have jumped on it like chickens on a cricket, devouring the poor people’s tax subsidy to underwrite their own luxury projects.
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