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According to the Internal Revenue Service, opportunity zones were added to the tax code under The Tax Cuts and Jobs Act of 2017. The bill has come under some criticism for creating another big tax break for the ultra-wealthy.
The following table shows how much the EDA invested in projects in all counties in West Virginia in 2020.
Total awarded by county in West Virginia (2020)
Rank | County | Total |
---|---|---|
1 | Kanawha County | $12,082,966 |
2 | Cabell County | $6,719,354 |
3 | Randolph County | $4,052,000 |
4 | Wetzel County | $3,225,142 |
5 | Harrison County | $2,493,499 |
6 | Wayne County | $2,184,600 |
7 | Nicholas County | $280,000 |
8 | Grant County | $140,000 |
8 | Mercer County | $140,000 |
8 | Ohio County | $140,000 |
11 | Upshur County | $100,000 |
12 | Wood County | $87,500 |