Jared Kushner paid no federal income tax for years

[Shanti Mama]

14. To me, this just obscures more important things

As the Times writes, it a "common tax-minimizing maneuver." We may not like the tax code, but it's commonly used. Those of us who have rental properties might very well do the same thing.

When you legally depreciate a business property it comes back to bite you on the sale of the property. He is following the letter of the law. Why focus on this? Is the law used in unintended, unproductive, unfair ways? Do virtually all developers do what Kushner has done? Yes.

Let's move on to important stuff.