NYT: Jared Kushner Has Paid 'Almost No Federal Income Taxes' for Years

Credit: Veuer
Published on October 13, 2018 - Duration: 01:15s

NYT: Jared Kushner Has Paid 'Almost No Federal Income Taxes' for Years

Jared Kushner was once called a "secret genius," but now a New York Times report finds he may be keeping a different secret, avoiding taxes.

Nathan Rousseau Smith has the story.

Advertisement

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.

Recent related videos from verified sources

It's True: 2018's Tax Brackets Really Have Changed 00:50
Credit: Wochit News - Published 2 weeks ago 

Arizona court to explain why it kept tax boost off ballot 00:26
Credit: KGUN, Tucson, AZ - Published on October 26, 2018 

More oversight coming to "troubled" low-income housing complex 02:32
Credit: WEWS NewsChannel5 - Published 1 week ago 

U.S. Consumer Spending Is Solid, But Income Is Smallest In 15 months 00:48
Credit: Wochit Business - Published on October 29, 2018 

Taxpayers Granted Extension Must File Taxes by Midnight
Credit: KRGV - Published on October 18, 2018 

You might like