The New York Times reports that President Trump’s son-in-law and senior adviser Jared Kushner appears to have paid almost no federal income taxes over the past several years, even as his net worth quintupled to more than $320 million. The Times reports the tax dodge appears to have been legal, based on Kushner’s claims of depreciation on millions of dollars of real estate holdings that in fact gained market value. Last year, the Republican-led Congress approved a sweeping tax bill that expanded benefits to real estate investors, including the Trump and Kushner families.
NYT: Jared Kushner May Have Paid Almost No Federal Income Tax
HeadlineOct 15, 2018