TV News LIES

Monday, Oct 15th

Last update05:20:13 AM GMT

You are here News Politics How Jared Kushner Avoided Paying Taxes

How Jared Kushner Avoided Paying Taxes

E-mail Print PDF

How jared Kushner avoided paying taxesw,Jared Kushner has a net worth of almost $324 million, and his company has been profitable. But Mr. Kushner, who is President Trump’s son-in-law and senior adviser, appears to have paid almost no federal income taxes for several years running, according to documents reviewed by The New York Times.

Over the past decade, Jared Kushner’s family company has spent billions of dollars buying real estate. His personal stock investments have soared. His net worth has quintupled to almost $324 million.

And yet, for several years running, Mr. Kushner — President Trump’s son-in-law and a senior White House adviser — appears to have paid almost no federal income taxes, according to confidential financial documents reviewed by The New York Times.

His low tax bills are the result of a common tax-minimizing maneuver that, year after year, generated millions of dollars in losses for Mr. Kushner, according to the documents. But the losses were only on paper — Mr. Kushner and his company did not appear to actually lose any money. The losses were driven by depreciation, a tax benefit that lets real estate investors deduct a portion of the cost of their buildings from their taxable income every year.

More...

 


Most Recent Related Stories...


Trump on Mimicking Christine Blasey Ford: ‘It Doesn’t Matter. We Won.

Hurricane victims are furious Confronted about how he mocked an accuser of Supreme Court Justice Brett Kavanaugh at a rally...

Michael Flynn reportedly met with GOP operative who wanted to obtain Hillary Clinton's emails

Michael Flynn met with GOP operative who claimed to have Hillary emails A Republican operative was working to obtain Hillary Clinton's emails for years, and reportedly consulted with...

'We’ve never seen anything like this': GOP overwhelmed by Democratic cash

GOP: We've never seen anything like this A deluge of Democratic spending in the final days of the battle for the House has...

Chief justice refers Kavanaugh ethics complaints to judges outside Washington

John Roberts refers Kavanaugh ethics complaints to lower court Chief Justice John Roberts on Wednesday referred ethics complaints about the Supreme Court’s newest associate justice,...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!