& Trump wants to run on Hunter Biden?

[kpete]

Holy crap. Three years ago Kushner's stake in Cadre was worth $5 million. He just sold it for $25-50 million after it benefitted from Opportunity Zone tax breaks that Kushner pushed for.

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.


A person familiar with the sale said Cadre asked Kushner last summer to consider selling because of worries that some potential new investors in the firm might raise conflict-of-interest issues. The person was not authorized to speak of Kushner's personal finances and spoke only on a condition of anonymity.

Kushner and his wife, Ivanka Trump, pushed for the Opportunity Zone tax breaks to be included in Trump's 2017 tax overhaul. The breaks offer investors big cuts in capital gains taxes if they put money into businesses and buildings in 8,700 poor, struggling neighborhoods across the country that

https://syracuse.com/us-news/2020/03/jared-kushner-sells-stake-in-firm-that-benefited-from-trump-tax-breaks.html

Link to tweet

?s=20

[Under The Radar]

1. I Want a commitment from our nominee to prosecute these frauds

[volstork]

5. I agree with this.

It's one reason I've supported Warren.

[leftstreet]

2. It won't matter. Trumpers worship the corruption

They think it's a sign the Trumps are smart 'outsiders' who know how to work the system

[struggle4progress]

3. That's why he wants to run on Hunter Biden: it's a distraction from his own corruption.

And if anybody mentions Hunter Biden to you, that's what you should say: "That's just a distraction from the corruption of Trump's own administration"

Dion't argue about Hunter Biden. Don't ever even say the words "Hunter Biden"

Just have a nice long list of Trump's own corruption ready to hurl back

[kimbutgar]

4. Sadly Ho hum with mf45 supporters

But if it was a Democratic son in law of a president. It would’ve been broadcast 24/7 in their echo chamber.

[abqtommy]

6. Well, it's for sure that tRUMP can't run on his "ethics" and "competence"...