Politic > Donald Trump

The creative accounting that reportedly allowed Jared Kushner to dodge paying income taxes for years is totally legal

6 monthes ago   |   By

A Saturday report from The New York Times found Jared Kushner, President Donald Trump's son-in-law and senior adviser, paid little to no federal income taxes from 2009 to 2016 using legal tax mechanisms.
An IRS policy known as depreciation is a deduction Kushner Cos. used to diminish its taxable income on properties largely bought with borrowed money.
Though not illegal, the filings show how real estate tax codes leave room for profitable maneuvering.
The New York Times found Jared Kushner, President Donald Trump's son-in-law and senior adviser, paid little to no federal income taxes from...
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Five things about what's legal and what's not in Canada's new pot law

Five things about what's legal and what's not in Canada's new pot law

6 monthes ago   |   By

OTTAWA - Canada's new law legalizing recreational cannabis goes into force on Wednesday. Here are five things about what's legal and what's not under this historic piece of legislation:
1. Can't vote, can't toke: The legal age for consuming cannabis is at least 18 or 19, depending on the province. The Justice Department says the age restrictions are in keeping with, “a strict legal framework for controlling the production, distribution, sale and possession of pot.” Of the three priorities the department cites for accomplishing those goals, the top one is keeping cannabis “out of the hands...
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Democrats have an intra-party battle brewing over impeaching Trump after the...

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