NYT: Jared Kushner Has Paid 'Almost No Federal Income Taxes' for Years
As the one always seemingly just to the edge of the screen, Jared Kushner has been praised as a “secret genius” by Nikki Haley… but now a New York Times report finds the man of few words may be keeping a different secret.????According to the Times, Kushner has paid almost nothing in federal income taxes for several years.
That despite having a reported net worth of almost $324 million.????Based on confidential financial documents, the senior White House adviser to his father-in-law, President Trump, appears to be using a legal tax break known as depreciation.????According to the Times, while Kushner earned $1.7 million in salary in 2015 he reported $8.3 million in losses due to “significant depreciation” to his real estate holdings, thus avoiding federal taxes.????That’s not to say Kushner has done anything wrong, and a spokesman tells the Times just that.????This, following that bombshell report from the Times , revealing President Trump inherited $413 million from his father’s real estate empire, all while largely dodging taxes.
The New York state tax department is now investigating.
Long before they became names in the White House, Jared Kushner and Ivanka Trump have been a high-profile couple. Business Insider reports he pair that comes from two prominent real estate families, is..