Jared Kushner Likely Paid No Income Tax for Years Despite Making Millions, NYT Reports
Documents reviewed by The New York Times describe his business dealings, earnings, expenses and borrowing from 2009 to 2016
Oct 13, 2018
Jared Kushner, U.S. President Donald Trump’s son-in-law and special advisor, appears to have paid no federal income taxes for several years, according to confidential financial documents, The New York Times reported on Saturday.
The documents reviewed by The Times describe his business dealings, earnings, expenses and borrowing from 2009 to 2016, and contain details from Kushner’s federal tax filings.
Kushner’s minimal tax payments are the result of a common tax-minimizing maneuver that generated millions of dollars in losses for Mr. Kushner, according to the documents. His net worth is almost at $324 million, The Times reported.
Read more at https://www.haaretz.com/us-news/nyt-kushner-likely-paid-no-income-tax-for-years-despite-making-millions
