NYT: Jared Kushner May Have Paid Almost No Federal Income Tax

HeadlineOct 15, 2018
H15 kushner

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.

Topics:
The original content of this program is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License. Please attribute legal copies of this work to democracynow.org. Some of the work(s) that this program incorporates, however, may be separately licensed. For further information or additional permissions, contact us.

Non-commercial news needs your support

We rely on contributions from our viewers and listeners to do our work.
Please do your part today.
Make a donation
Up arrowTop