Tony Rankins, a formerly homeless, drug-addicted Army veteran, got a standing ovation at the State of the Union after President Donald Trump described how he turned his life around thanks to a construction job at a company using the administration's “Opportunity Zone” tax breaks targeting poor neighborhoods
NEW YORK — Tony Rankins, a formerly homeless, drug-addicted Army veteran, got a standing ovation at the State of the Union after President Donald Trump described how he turned his life around thanks to a construction job at a company using the administration's “Opportunity Zone” tax breaks targeting poor neighborhoods.
Days later, Trump doubled down on the Rankins story in a speech on his economic initiatives in Charlotte, North Carolina, and invited him up to say a few words. That hasn't stopped the Trump administration and its allies from taking credit for Rankins' turnaround. Critics say that too many neighborhoods getting the break were already gentrifying and that investors are likely to pour even more money into them, bypassing the poor, black communities that the program is partly intended to help. But backers note that the final rules governing the program were only released in December and say it is too early to judge.
"My dad would give his last dollar to make sure that a mom and her kids had a meal," Steffens said. He"taught me at young age, there's no such thing as a self-made man." "The publicity that this has given us is going to help us do more in the areas that we are in. And so I want to be sure that something is not painting the wrong picture, because if it that hurts us, it's going to hurt these individuals in these areas," he said."We need the country to get behind what we're doing."
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