Jared Kusher paid little or no income taxes between 2009 to 2016

So you admire people who use chapter 7 (5 times), and screw workers and banks. Wow.

As you know, Donald Trump never declared bankruptcy.

I presume you know that our founding fathers knew that the ability to file or bankruptcy is so important that it was written into the Constitution.

By the way, how many corporations has or does the Trump Empire own? How many hundred, thousand?
 
Oh they have connections. They pay appraisers to appraise their buildings cheap. What laws, the laws did not start till this year. He has been a tax evader for many years.

Pathetically, you have no clue, whatsoever what you are talking about. Why would they pay an appraiser to appraise their building cheap?
 
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.

Kushner Paid No Federal Income Tax for Years, Documents Suggest

Kushner took advantage of the law allowing depreciation on his real estate holdings while his buildings dramatically increased in value. Kushner's personal income was about 1.5 million per year in which no tax was paid.

The good news for Kushner, Trump and other real estate developers is that they will not have to pay taxes for years to come because the White House last year championed a sweeping revision of the nation’s tax laws that expanded many of the benefits enjoyed by real estate investors, allowing them to reap even larger deductions.

The bad news is for the middle classes that will see the deficit soar and its benefits decline.

Trump is laughing all the way to the bank as his supporters cheer that he gives some of his salary, chump change, to charity while he reaps the benefits of a system that he has rigged in his favor to the tune of tens of millions or dollars with his changes in these new tax laws,

Trumpists truly are the world's biggest saps.
you need to educate yourself on tax laws

He LEGALLY lowered his taxes by using depreciation on his real estate holdings just like every other business does,

What you don't realize is that when a property id depreciated you lose the ability to deduct the entire purchase price of a property from the profit when that entity is sold so even though he used depreciation to reduce his current tax debt he will pay more taxes on the profit from the sale of any properties he has depreciated

and FYI every single person who owns real estate does this
 
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.

Kushner Paid No Federal Income Tax for Years, Documents Suggest

Kushner took advantage of the law allowing depreciation on his real estate holdings while his buildings dramatically increased in value. Kushner's personal income was about 1.5 million per year in which no tax was paid.

The good news for Kushner, Trump and other real estate developers is that they will not have to pay taxes for years to come because the White House last year championed a sweeping revision of the nation’s tax laws that expanded many of the benefits enjoyed by real estate investors, allowing them to reap even larger deductions.

The bad news is for the middle classes that will see the deficit soar and its benefits decline.

Trump is laughing all the way to the bank as his supporters cheer that he gives some of his salary, chump change, to charity while he reaps the benefits of a system that he has rigged in his favor to the tune of tens of millions or dollars with his changes in these new tax laws,

Trumpists truly are the world's biggest saps.
you need to educate yourself on tax laws

He LEGALLY lowered his taxes by using depreciation on his real estate holdings just like every other business does,

What you don't realize is that when a property id depreciated you lose the ability to deduct the entire purchase price of a property from the profit when that entity is sold so even though he used depreciation to reduce his current tax debt he will pay more taxes on the profit from the sale of any properties he has depreciated

and FYI every single person who owns real estate does this

How many damn times do I have to say I never said what Jared did was illegal.
 
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.

Kushner Paid No Federal Income Tax for Years, Documents Suggest

Kushner took advantage of the law allowing depreciation on his real estate holdings while his buildings dramatically increased in value. Kushner's personal income was about 1.5 million per year in which no tax was paid.

The good news for Kushner, Trump and other real estate developers is that they will not have to pay taxes for years to come because the White House last year championed a sweeping revision of the nation’s tax laws that expanded many of the benefits enjoyed by real estate investors, allowing them to reap even larger deductions.

The bad news is for the middle classes that will see the deficit soar and its benefits decline.

Trump is laughing all the way to the bank as his supporters cheer that he gives some of his salary, chump change, to charity while he reaps the benefits of a system that he has rigged in his favor to the tune of tens of millions or dollars with his changes in these new tax laws,

Trumpists truly are the world's biggest saps.
you need to educate yourself on tax laws

He LEGALLY lowered his taxes by using depreciation on his real estate holdings just like every other business does,

What you don't realize is that when a property id depreciated you lose the ability to deduct the entire purchase price of a property from the profit when that entity is sold so even though he used depreciation to reduce his current tax debt he will pay more taxes on the profit from the sale of any properties he has depreciated

and FYI every single person who owns real estate does this

How many damn times do I have to say I never said what Jared did was illegal.
and yet you're whining about it

why don't you whine about people who actually break the law?
 
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.

Kushner Paid No Federal Income Tax for Years, Documents Suggest

Kushner took advantage of the law allowing depreciation on his real estate holdings while his buildings dramatically increased in value. Kushner's personal income was about 1.5 million per year in which no tax was paid.

The good news for Kushner, Trump and other real estate developers is that they will not have to pay taxes for years to come because the White House last year championed a sweeping revision of the nation’s tax laws that expanded many of the benefits enjoyed by real estate investors, allowing them to reap even larger deductions.

The bad news is for the middle classes that will see the deficit soar and its benefits decline.

Trump is laughing all the way to the bank as his supporters cheer that he gives some of his salary, chump change, to charity while he reaps the benefits of a system that he has rigged in his favor to the tune of tens of millions or dollars with his changes in these new tax laws,

Trumpists truly are the world's biggest saps.
you need to educate yourself on tax laws

He LEGALLY lowered his taxes by using depreciation on his real estate holdings just like every other business does,

What you don't realize is that when a property id depreciated you lose the ability to deduct the entire purchase price of a property from the profit when that entity is sold so even though he used depreciation to reduce his current tax debt he will pay more taxes on the profit from the sale of any properties he has depreciated

and FYI every single person who owns real estate does this

How many damn times do I have to say I never said what Jared did was illegal.
ABC News, which I seldom watch, just reported this story as if it were real news. FAKE NEWS strikes again and dupes believe.

CRAZY!!!!
 
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.

Kushner Paid No Federal Income Tax for Years, Documents Suggest

Kushner took advantage of the law allowing depreciation on his real estate holdings while his buildings dramatically increased in value. Kushner's personal income was about 1.5 million per year in which no tax was paid.

The good news for Kushner, Trump and other real estate developers is that they will not have to pay taxes for years to come because the White House last year championed a sweeping revision of the nation’s tax laws that expanded many of the benefits enjoyed by real estate investors, allowing them to reap even larger deductions.

The bad news is for the middle classes that will see the deficit soar and its benefits decline.

Trump is laughing all the way to the bank as his supporters cheer that he gives some of his salary, chump change, to charity while he reaps the benefits of a system that he has rigged in his favor to the tune of tens of millions or dollars with his changes in these new tax laws,

Trumpists truly are the world's biggest saps.
you need to educate yourself on tax laws

He LEGALLY lowered his taxes by using depreciation on his real estate holdings just like every other business does,

What you don't realize is that when a property id depreciated you lose the ability to deduct the entire purchase price of a property from the profit when that entity is sold so even though he used depreciation to reduce his current tax debt he will pay more taxes on the profit from the sale of any properties he has depreciated

and FYI every single person who owns real estate does this

How many damn times do I have to say I never said what Jared did was illegal.
and yet you're whining about it

why don't you whine about people who actually break the law?

If you are working in the executive branch crafting laws that may be beneficial to you, the voting public should know whether those laws will benefit you financially. This applies for new laws that increase tax benefits for real estate developers.

If nothing else the purpose of the story is to provoke a discussion as to whether these tax laws favoring large developers should remain on the books or be amended.

The fact is that Jared's real estate holdings dramatically increased in value, and more power to him for that, but the depreciation laws he takes advantage of is based upon his property declining in value. So, Jared as well as all big real developers, get these huge windfalls because of these laws. Thus Jared with his 1.5 million income pays no income tax while Joe Middleclass takes on the burden of paying taxes all while our 21 trillion dollar deficit balloons.
 
Sigh. . . . Do you know why both parties have always supported allowing deductions for real estate depreciation? Do you claim all of the tax deductions that you are allowed to claim? If so, why should people who risk millions in real estate purchases not claim all of their allowable deductions?

By the way, thanks to the Trump tax cuts, Kushner and those like him will now end up paying a ton more in state and local taxes (SALT) because the Trump tax cuts impose a $10K cap on SALT deductions.
 
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.

Kushner Paid No Federal Income Tax for Years, Documents Suggest

Kushner took advantage of the law allowing depreciation on his real estate holdings while his buildings dramatically increased in value. Kushner's personal income was about 1.5 million per year in which no tax was paid.

The good news for Kushner, Trump and other real estate developers is that they will not have to pay taxes for years to come because the White House last year championed a sweeping revision of the nation’s tax laws that expanded many of the benefits enjoyed by real estate investors, allowing them to reap even larger deductions.

The bad news is for the middle classes that will see the deficit soar and its benefits decline.

Trump is laughing all the way to the bank as his supporters cheer that he gives some of his salary, chump change, to charity while he reaps the benefits of a system that he has rigged in his favor to the tune of tens of millions or dollars with his changes in these new tax laws,

Trumpists truly are the world's biggest saps.
you need to educate yourself on tax laws

He LEGALLY lowered his taxes by using depreciation on his real estate holdings just like every other business does,

What you don't realize is that when a property id depreciated you lose the ability to deduct the entire purchase price of a property from the profit when that entity is sold so even though he used depreciation to reduce his current tax debt he will pay more taxes on the profit from the sale of any properties he has depreciated

and FYI every single person who owns real estate does this

How many damn times do I have to say I never said what Jared did was illegal.
and yet you're whining about it

why don't you whine about people who actually break the law?

If you are working in the executive branch crafting laws that may be beneficial to you, the voting public should know whether those laws will benefit you financially. This applies for new laws that increase tax benefits for real estate developers.

If nothing else the purpose of the story is to provoke a discussion as to whether these tax laws favoring large developers should remain on the books or be amended.

The fact is that Jared's real estate holdings dramatically increased in value, and more power to him for that, but the depreciation laws he takes advantage of is based upon his property declining in value. So, Jared as well as all big real developers, get these huge windfalls because of these laws. Thus Jared with his 1.5 million income pays no income tax while Joe Middleclass takes on the burden of paying taxes all while our 21 trillion dollar deficit balloons.

learn the difference between the Executive and Legislative branches, and what they do.
 
After selling your RE you have a time period to buy another property without paying the cap gains tax
 
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.

Kushner Paid No Federal Income Tax for Years, Documents Suggest

Kushner took advantage of the law allowing depreciation on his real estate holdings while his buildings dramatically increased in value. Kushner's personal income was about 1.5 million per year in which no tax was paid.

The good news for Kushner, Trump and other real estate developers is that they will not have to pay taxes for years to come because the White House last year championed a sweeping revision of the nation’s tax laws that expanded many of the benefits enjoyed by real estate investors, allowing them to reap even larger deductions.

The bad news is for the middle classes that will see the deficit soar and its benefits decline.

Trump is laughing all the way to the bank as his supporters cheer that he gives some of his salary, chump change, to charity while he reaps the benefits of a system that he has rigged in his favor to the tune of tens of millions or dollars with his changes in these new tax laws,

Trumpists truly are the world's biggest saps.
you need to educate yourself on tax laws

He LEGALLY lowered his taxes by using depreciation on his real estate holdings just like every other business does,

What you don't realize is that when a property id depreciated you lose the ability to deduct the entire purchase price of a property from the profit when that entity is sold so even though he used depreciation to reduce his current tax debt he will pay more taxes on the profit from the sale of any properties he has depreciated

and FYI every single person who owns real estate does this

How many damn times do I have to say I never said what Jared did was illegal.
and yet you're whining about it

why don't you whine about people who actually break the law?

If you are working in the executive branch crafting laws that may be beneficial to you, the voting public should know whether those laws will benefit you financially. This applies for new laws that increase tax benefits for real estate developers.

If nothing else the purpose of the story is to provoke a discussion as to whether these tax laws favoring large developers should remain on the books or be amended.

The fact is that Jared's real estate holdings dramatically increased in value, and more power to him for that, but the depreciation laws he takes advantage of is based upon his property declining in value. So, Jared as well as all big real developers, get these huge windfalls because of these laws. Thus Jared with his 1.5 million income pays no income tax while Joe Middleclass takes on the burden of paying taxes all while our 21 trillion dollar deficit balloons.

you do realize these laws were in place for many many years before Kushner married into the Trump clan don't you?

and don't pretend you care abut the debt ( not deficit) you like so many other only say you care abut it when the guy you didn't vote for runs it up

and in since you don't know Trump tax cuts gave one of the biggest tax breaks ever to middle class business owners who operate under sole proprietorship, S corp and LLC designations. The vast majority of these business have fewer than 50 employees and in fact most aren't even in the double digits

Millions of middle class business owners and self employed people finally got some tax relief and you have a problem with that.
 
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.

Kushner Paid No Federal Income Tax for Years, Documents Suggest

Kushner took advantage of the law allowing depreciation on his real estate holdings while his buildings dramatically increased in value. Kushner's personal income was about 1.5 million per year in which no tax was paid.

The good news for Kushner, Trump and other real estate developers is that they will not have to pay taxes for years to come because the White House last year championed a sweeping revision of the nation’s tax laws that expanded many of the benefits enjoyed by real estate investors, allowing them to reap even larger deductions.

The bad news is for the middle classes that will see the deficit soar and its benefits decline.

Trump is laughing all the way to the bank as his supporters cheer that he gives some of his salary, chump change, to charity while he reaps the benefits of a system that he has rigged in his favor to the tune of tens of millions or dollars with his changes in these new tax laws,

Trumpists truly are the world's biggest saps.
you need to educate yourself on tax laws

He LEGALLY lowered his taxes by using depreciation on his real estate holdings just like every other business does,

What you don't realize is that when a property id depreciated you lose the ability to deduct the entire purchase price of a property from the profit when that entity is sold so even though he used depreciation to reduce his current tax debt he will pay more taxes on the profit from the sale of any properties he has depreciated

and FYI every single person who owns real estate does this

How many damn times do I have to say I never said what Jared did was illegal.
and yet you're whining about it

why don't you whine about people who actually break the law?

If you are working in the executive branch crafting laws that may be beneficial to you, the voting public should know whether those laws will benefit you financially. This applies for new laws that increase tax benefits for real estate developers.

If nothing else the purpose of the story is to provoke a discussion as to whether these tax laws favoring large developers should remain on the books or be amended.

The fact is that Jared's real estate holdings dramatically increased in value, and more power to him for that, but the depreciation laws he takes advantage of is based upon his property declining in value. So, Jared as well as all big real developers, get these huge windfalls because of these laws. Thus Jared with his 1.5 million income pays no income tax while Joe Middleclass takes on the burden of paying taxes all while our 21 trillion dollar deficit balloons.

learn the difference between the Executive and Legislative branches, and what they do.

My first sentence of my post was definitely inartful . I should have written that if you are an elected official, the voting public should have the right to know of your involvement in passing laws that may benefit you personally. Involvement being defined as advocating for changes in laws that benefit you personally.

Jared's tax returns should normally be no one's business, but given his status and power in the administration, he is an exception to the rule.
 
you need to educate yourself on tax laws

He LEGALLY lowered his taxes by using depreciation on his real estate holdings just like every other business does,

What you don't realize is that when a property id depreciated you lose the ability to deduct the entire purchase price of a property from the profit when that entity is sold so even though he used depreciation to reduce his current tax debt he will pay more taxes on the profit from the sale of any properties he has depreciated

and FYI every single person who owns real estate does this

How many damn times do I have to say I never said what Jared did was illegal.
and yet you're whining about it

why don't you whine about people who actually break the law?

If you are working in the executive branch crafting laws that may be beneficial to you, the voting public should know whether those laws will benefit you financially. This applies for new laws that increase tax benefits for real estate developers.

If nothing else the purpose of the story is to provoke a discussion as to whether these tax laws favoring large developers should remain on the books or be amended.

The fact is that Jared's real estate holdings dramatically increased in value, and more power to him for that, but the depreciation laws he takes advantage of is based upon his property declining in value. So, Jared as well as all big real developers, get these huge windfalls because of these laws. Thus Jared with his 1.5 million income pays no income tax while Joe Middleclass takes on the burden of paying taxes all while our 21 trillion dollar deficit balloons.

learn the difference between the Executive and Legislative branches, and what they do.

My first sentence of my post was definitely inartful . I should have written that if you are an elected official, the voting public should have the right to know of your involvement in passing laws that may benefit you personally. Involvement being defined as advocating for changes in laws that benefit you personally.

Jared's tax returns should normally be no one's business, but given his status and power in the administration, he is an exception to the rule.

no he's not

if you're really worried about this sort of thing then you should be directing your diatribe at Congress

I mean what other job can you have that pays 175 K a year where your can increase your net worth by millions after just a few years?

The single easiest way to become a millionaire in this country is to get elected to Congress and it is Congress that made the laws that allow this
 
you need to educate yourself on tax laws

He LEGALLY lowered his taxes by using depreciation on his real estate holdings just like every other business does,

What you don't realize is that when a property id depreciated you lose the ability to deduct the entire purchase price of a property from the profit when that entity is sold so even though he used depreciation to reduce his current tax debt he will pay more taxes on the profit from the sale of any properties he has depreciated

and FYI every single person who owns real estate does this

How many damn times do I have to say I never said what Jared did was illegal.
and yet you're whining about it

why don't you whine about people who actually break the law?

If you are working in the executive branch crafting laws that may be beneficial to you, the voting public should know whether those laws will benefit you financially. This applies for new laws that increase tax benefits for real estate developers.

If nothing else the purpose of the story is to provoke a discussion as to whether these tax laws favoring large developers should remain on the books or be amended.

The fact is that Jared's real estate holdings dramatically increased in value, and more power to him for that, but the depreciation laws he takes advantage of is based upon his property declining in value. So, Jared as well as all big real developers, get these huge windfalls because of these laws. Thus Jared with his 1.5 million income pays no income tax while Joe Middleclass takes on the burden of paying taxes all while our 21 trillion dollar deficit balloons.

learn the difference between the Executive and Legislative branches, and what they do.

My first sentence of my post was definitely inartful . I should have written that if you are an elected official, the voting public should have the right to know of your involvement in passing laws that may benefit you personally. Involvement being defined as advocating for changes in laws that benefit you personally.

Jared's tax returns should normally be no one's business, but given his status and power in the administration, he is an exception to the rule.

My first sentence of my post was definitely inartful .

Considering it's been going on for decades, if not centuries, and you wait til a member of the Trump family to bring it up,


yeah, it was 'inartful'.

and very partisan
 
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.

Kushner Paid No Federal Income Tax for Years, Documents Suggest

Kushner took advantage of the law allowing depreciation on his real estate holdings while his buildings dramatically increased in value. Kushner's personal income was about 1.5 million per year in which no tax was paid.

The good news for Kushner, Trump and other real estate developers is that they will not have to pay taxes for years to come because the White House last year championed a sweeping revision of the nation’s tax laws that expanded many of the benefits enjoyed by real estate investors, allowing them to reap even larger deductions.

The bad news is for the middle classes that will see the deficit soar and its benefits decline.

Trump is laughing all the way to the bank as his supporters cheer that he gives some of his salary, chump change, to charity while he reaps the benefits of a system that he has rigged in his favor to the tune of tens of millions or dollars with his changes in these new tax laws,

Trumpists truly are the world's biggest saps.
you need to educate yourself on tax laws

He LEGALLY lowered his taxes by using depreciation on his real estate holdings just like every other business does,

What you don't realize is that when a property id depreciated you lose the ability to deduct the entire purchase price of a property from the profit when that entity is sold so even though he used depreciation to reduce his current tax debt he will pay more taxes on the profit from the sale of any properties he has depreciated

and FYI every single person who owns real estate does this

How many damn times do I have to say I never said what Jared did was illegal.
and yet you're whining about it

why don't you whine about people who actually break the law?

If you are working in the executive branch crafting laws that may be beneficial to you, the voting public should know whether those laws will benefit you financially. This applies for new laws that increase tax benefits for real estate developers.

If nothing else the purpose of the story is to provoke a discussion as to whether these tax laws favoring large developers should remain on the books or be amended.

The fact is that Jared's real estate holdings dramatically increased in value, and more power to him for that, but the depreciation laws he takes advantage of is based upon his property declining in value. So, Jared as well as all big real developers, get these huge windfalls because of these laws. Thus Jared with his 1.5 million income pays no income tax while Joe Middleclass takes on the burden of paying taxes all while our 21 trillion dollar deficit balloons.

you do realize these laws were in place for many many years before Kushner married into the Trump clan don't you?

and don't pretend you care abut the debt ( not deficit) you like so many other only say you care abut it when the guy you didn't vote for runs it up

and in since you don't know Trump tax cuts gave one of the biggest tax breaks ever to middle class business owners who operate under sole proprietorship, S corp and LLC designations. The vast majority of these business have fewer than 50 employees and in fact most aren't even in the double digits

Millions of middle class business owners and self employed people finally got some tax relief and you have a problem with that.

I have always cared about the debt. If this were Hillary I would be condemning her as well. As far as Obama, he had to spend to keep the economy, not just the US, but the world economy, from complete collapse. There is no reason for increasing the debt now.

BTW, I am a big believer in middle class tax relief but not for billionaires, especially as they have more tax loopholes than the middle class will ever have.
 
Key part of the idiot op's link....took advanatge of the law...which anyone with an ounce of sense would
 
you need to educate yourself on tax laws

He LEGALLY lowered his taxes by using depreciation on his real estate holdings just like every other business does,

What you don't realize is that when a property id depreciated you lose the ability to deduct the entire purchase price of a property from the profit when that entity is sold so even though he used depreciation to reduce his current tax debt he will pay more taxes on the profit from the sale of any properties he has depreciated

and FYI every single person who owns real estate does this

How many damn times do I have to say I never said what Jared did was illegal.
and yet you're whining about it

why don't you whine about people who actually break the law?

If you are working in the executive branch crafting laws that may be beneficial to you, the voting public should know whether those laws will benefit you financially. This applies for new laws that increase tax benefits for real estate developers.

If nothing else the purpose of the story is to provoke a discussion as to whether these tax laws favoring large developers should remain on the books or be amended.

The fact is that Jared's real estate holdings dramatically increased in value, and more power to him for that, but the depreciation laws he takes advantage of is based upon his property declining in value. So, Jared as well as all big real developers, get these huge windfalls because of these laws. Thus Jared with his 1.5 million income pays no income tax while Joe Middleclass takes on the burden of paying taxes all while our 21 trillion dollar deficit balloons.

you do realize these laws were in place for many many years before Kushner married into the Trump clan don't you?

and don't pretend you care abut the debt ( not deficit) you like so many other only say you care abut it when the guy you didn't vote for runs it up

and in since you don't know Trump tax cuts gave one of the biggest tax breaks ever to middle class business owners who operate under sole proprietorship, S corp and LLC designations. The vast majority of these business have fewer than 50 employees and in fact most aren't even in the double digits

Millions of middle class business owners and self employed people finally got some tax relief and you have a problem with that.

I have always cared about the debt. If this were Hillary I would be condemning her as well. As far as Obama, he had to spend to keep the economy, not just the US, but the world economy, from complete collapse. There is no reason for increasing the debt now.

BTW, I am a big believer in middle class tax relief but not for billionaires, especially as they have more tax loopholes than the middle class will ever have.
No one likes taxes except politicians.
 
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.

Kushner Paid No Federal Income Tax for Years, Documents Suggest

Kushner took advantage of the law allowing depreciation on his real estate holdings while his buildings dramatically increased in value. Kushner's personal income was about 1.5 million per year in which no tax was paid.

The good news for Kushner, Trump and other real estate developers is that they will not have to pay taxes for years to come because the White House last year championed a sweeping revision of the nation’s tax laws that expanded many of the benefits enjoyed by real estate investors, allowing them to reap even larger deductions.

The bad news is for the middle classes that will see the deficit soar and its benefits decline.

Trump is laughing all the way to the bank as his supporters cheer that he gives some of his salary to charity while he reaps the benefits of a system he has rigged in his favor.

Trumpists truly are the world's biggest saps.

He is laughing? NO, you are laughing, lol...……..and so are we!

Your pathetic attempt at class envy is obvious. Why don't you and Christine "Blue Balls" Ford go sue him, lolololol!
Class envy!!!! ROFLMAO.

Profiting off your government service must be the new American, or should I say, Trumplican way.

Don't you people get tired of being taken for saps?
Because political figures profiting off of their service is all new since Trump was elected.....


Christ you people are a joke
 
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.

Kushner Paid No Federal Income Tax for Years, Documents Suggest

Kushner took advantage of the law allowing depreciation on his real estate holdings while his buildings dramatically increased in value. Kushner's personal income was about 1.5 million per year in which no tax was paid.

The good news for Kushner, Trump and other real estate developers is that they will not have to pay taxes for years to come because the White House last year championed a sweeping revision of the nation’s tax laws that expanded many of the benefits enjoyed by real estate investors, allowing them to reap even larger deductions.

The bad news is for the middle classes that will see the deficit soar and its benefits decline.

Trump is laughing all the way to the bank as his supporters cheer that he gives some of his salary to charity while he reaps the benefits of a system he has rigged in his favor.

Trumpists truly are the world's biggest saps.

He is laughing? NO, you are laughing, lol...……..and so are we!

Your pathetic attempt at class envy is obvious. Why don't you and Christine "Blue Balls" Ford go sue him, lolololol!
I don't understand why you RWNJs are ok with this. tRump and his policies favoring his wealthy pals are taking your money right from your pockets to put in their own.

When this is over it's gonna take decades to deprogram all of tRumps victims.
 

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