Scott Details How Opportunity Zones Could Benefit SC

(North Charleston, SC) -- Tim Scott believes his signature piece of legislation could pour billions of dollars into the economy, including South Carolina.

Scott yesterday discussed Opportunity Zones, which he got included in the tax package that passed last year. The zones allow companies to invest in distressed areas while delaying their tax liabilities.

Scott tells Politico the incentives could encourage investors to create industries that would make components for companies like Boeing.


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