Jared Kushner sells stake in firm that benefited from Trump tax breaks
I doubt that anyone will be shocked.
Hat tip, Joe.My.God:
Kushner Made Up To $45M From Tax Break He Pushed
March 5, 2020 Trump Administration, Trump Corruption
The Associated Press
reports:
President Donald Trumps son-in-law and adviser Jared Kushner has sold his stake in a company investing in Opportunity Zone projects offering tax breaks he had pushed for in Washington, sparking criticism that he was benefiting from his White House role.
A filing at the Office of Government Ethics released Monday shows that Kushner received permission to defer capital gains taxes on the sale of his stake in Cadre, a digital platform for smaller investors in commercial properties.
Kushners holding in the private Cadre was worth between $25 million and $50 million, according to a financial disclosure report he filed with federal ethics officials last year.
U.S. & World
Jared Kushner sells stake in firm that benefited from Trump tax breaks
Posted Mar 03, 2020
By The Associated Press
NEW YORK (AP) President Donald Trumps son-in-law and adviser Jared Kushner has sold his stake in a company investing in Opportunity Zone projects offering tax breaks he had pushed for in Washington, sparking criticism that he was benefiting from his White House role.
A filing at the Office of Government Ethics released Monday shows that Kushner received permission to defer capital gains taxes on the sale of his stake in Cadre, a digital platform for smaller investors in commercial properties. Kushner's holding in the private Cadre was worth between $25 million and $50 million, according to a financial disclosure report he filed with federal ethics officials last year.
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Already, DU is home to these not-so-shocking threads:
Mon Aug 5, 2019:
Jared Kushner Saw Trump Presidency As Chance to 'Dig Himself Out Of' Debt'
Wed Dec 12, 2018:
AP: Ivanka, Kushner could profit from tax break they pushed