Jared Kushner sells stake in firm that benefited from Trump tax breaks

[mahatmakanejeeves]

I doubt that anyone will be shocked.

Hat tip, Joe.My.God:

Kushner Made Up To $45M From Tax Break He Pushed
March 5, 2020 Trump Administration, Trump Corruption

The Associated Press reports:

President Donald Trump’s son-in-law and adviser Jared Kushner has sold his stake in a company investing in Opportunity Zone projects offering tax breaks he had pushed for in Washington, sparking criticism that he was benefiting from his White House role.

A filing at the Office of Government Ethics released Monday shows that Kushner received permission to defer capital gains taxes on the sale of his stake in Cadre, a digital platform for smaller investors in commercial properties.

Kushner’s holding in the private Cadre was worth between $25 million and $50 million, according to a financial disclosure report he filed with federal ethics officials last year.

U.S. & World
Jared Kushner sells stake in firm that benefited from Trump tax breaks
Posted Mar 03, 2020

By The Associated Press

NEW YORK (AP) — President Donald Trump’s son-in-law and adviser Jared Kushner has sold his stake in a company investing in Opportunity Zone projects offering tax breaks he had pushed for in Washington, sparking criticism that he was benefiting from his White House role.

A filing at the Office of Government Ethics released Monday shows that Kushner received permission to defer capital gains taxes on the sale of his stake in Cadre, a digital platform for smaller investors in commercial properties. Kushner's holding in the private Cadre was worth between $25 million and $50 million, according to a financial disclosure report he filed with federal ethics officials last year.

{snip}

Already, DU is home to these not-so-shocking threads:

Mon Aug 5, 2019: Jared Kushner Saw Trump Presidency As Chance to 'Dig Himself Out Of' Debt'

Wed Dec 12, 2018: AP: Ivanka, Kushner could profit from tax break they pushed

[dalton99a]

1. Kick