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.
But that’s not completely true.
Rankins, who indeed moved out of his car and into an apartment since landing a job refurbishing a Nashville hotel two years ago, doesn’t work at a site taking advantage of the breaks and never has done so. In fact, he started that job four months before the Treasury Department published its final list of neighborhoods eligible for the breaks. And the hotel where he worked couldn’t benefit even now because it’s an area that didn’t make the cut.