Connect with us


Ivanka Trump Caught Trying To Skirt Around Tax System, Get Huge Breaks For Her And Jared Kushner



Within politics, there are many different levels of idiocy. Obviously, people are always going to do things we disagree with and that’s fine – we can’t agree on everything all the time. But there are some things politicians do that are just clearly totally unacceptable, whichever way you spin it, and this is a perfect example.

Basically, per a report from the AP, it seems that First Daughter Ivanka Trump recently advocated a tax break policy called “Opportunity Zones”, in order to directly benefit her and her husband, fellow senior White House aide and adviser, Jared Kushner:

Ivanka Trump’s advocacy for the Opportunity Zone program “creates a direct conflict of interest with her spouse’s investment in Cadre,” said Virginia Canter, chief ethics counsel for the nonprofit Citizens for Responsibility and Ethics in Washington. “Jared Kushner’s interests are Ivanka Trump’s interests and vice versa.”

On Wednesday morning, Ivanka Trump continued her public promotion of Opportunity Zones in a series of tweets. She did not address the AP investigation. “Opportunity Zones will catalyze private sector investment that will create jobs + economic growth in overlooked communities nationwide,” she said.

The couple’s financial disclosures show their jointly held financial empire is worth between $200 million and $800 million, with much of it in real estate, including Kushner’s stake of between $25 million and $50 million in a holding company with an ownership stake in Cadre. Kushner previously had Cadre-related management positions, but he terminated those roles when he joined the Trump administration, holding onto his passive stake.

The disclosures require recusal from dealing with policy matters that touch on real estate and “would have a direct and predictable effect on Cadre.” Ivanka Trump also has interests in Trump Organization properties which are not located inside Opportunity Zones.

“Ms. Trump has divested assets, set up trusts, removed herself from businesses and decisions about her investments,” Abbe Lowell, ethics counsel for the couple, said in a statement. “In addition, she adheres to the ethics advice she has received from counsel about what issues she can work on and those to which she is recused.”

President Trump was scheduled to attend an Opportunity Zone event in Washington on Wednesday that would depict the program as a boon to distressed communities. White House spokesman Hogan Gidley told the AP that individual state governors of both parties nominate communities for Opportunity Zone designation “based on what underserved areas would benefit most. … The White House has nothing to do with those decisions.”

The Investing in Opportunity Act, which became law last December as part of the Republican-sponsored tax overhaul, never gained traction when it was first proposed during the Obama administration, but it quickly found favor in a White House headed and dominated by real estate developers and investors.

I cannot put into words how insane this is. The blatant corruption being exhibited by the Trump family in the White House is now so obvious that they are literally trying to craft tax laws to suit their personal situations. How the current President of the United States has not yet been impeached is genuinely beyond me.





Copyright © 2018 Blue Side Nation