|
Washington
–
On
Wednesday,
February
14,
U.S.
Senator
Tim
Scott
(R-SC)
will
join
President
Donald
Trump
and
federal,
state
and
local
leaders
for
roundtable
discussions
about
his
Investing
in
Opportunity
Act
and
the
implementation
of
the
Opportunity
Zones
created
by
the
bill.
In
addition
to
President
Trump,
Advisor
to
the
President
Ivanka
Trump,
Director
of
the
National
Economic
Council
Gary
Cohn,
Director
of
the
Domestic
Policy
Council
Andrew
Bremberg,
elected
leadership
such
as
Mayor
Kenny
Alexander
of
Norfolk,
Virginia
and
Mayor
Erin
Stewart
of
New
Britain,
Connecticut
and
investment
and
entrepreneurial
leaders
will
join
the
discussions.
The
Investing
in
Opportunity
Act
was
passed
as
part
of
last
year’s
tax
reform
package,
and
encourages
long-term
investment
in
distressed
communities
through
a
deferral
in
capital
gains
taxes
based
on
the
length
of
the
investment.
There
are
currently
more
than
$2
trillion
dollars
in
unrealized
capital
gains
across
the
country.
Wednesday,
February
14,
2018
WHO:
U.S.
Senator
Tim
Scott
(R-SC),
President
Donald
Trump,
Ivanka
Trump,
federal,
state
&
local
leaders
WHAT:
Investing
in
Opportunity/Opportunity
Zone
roundtable
discussion
WHEN:
1:30PM
–
2:30PM
–
discussion
with
federal,
state
and
local
leaders
2:30PM-3:00PM
–
discussion
with
President
Donald
Trump
WHERE:
The
White
House
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