The Transylvania Times -

Opportunity Zone Changes Sought – Transylvania County, NC

 

Last updated 2/19/2020 at 4pm



N.C. Sen. Chuck Edwards (R-Henderson) is calling on Congressman Mark Meadows to modify Transylvania County’s Opportunity Zone.

The Opportunity Zone tax incentive, enacted into law by Congress as part of the Tax Cuts and Jobs Act of 2017, offers tremendous opportunities for transformational impact, including new jobs and higher wages in low-income areas throughout the country, according to a press release from Edwards’ office.

“With some slight modification, it could be a game-changing force to help revitalize the economy of Transylvania County and other rural parts of our state,”...



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