Politic > Donald Trump

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

1 month 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

1 month 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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Trump says he'll deliver answers to Mueller questions next week

Trump says he'll deliver answers to Mueller questions next week

President Donald Trump said he would deliver his written answers to special counsel Robert Mueller next week. "They're all done," Trump told reporters outside the White House... Read more ...

Trump Calls Saudi Arabia A 'Spectacular Ally' Despite CIA's Khashoggi Findings

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The agency reportedly concluded that Saudi Crown Prince Mohammed bin Salman ordered the journalist's murder. Read more ...

Andrew Gillum Concedes Florida Gubernatorial Race To Ron DeSantis

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The announcement comes after a week and a half of uncertainty over a recount. Read more ...

Trump Says Extraditing Turkish Cleric Fethullah Gulen Is 'Not Under...

Trump Says Extraditing Turkish Cleric Fethullah Gulen Is 'Not Under Consideration'

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Trump continues to blame fires on forest mismanagement even while traveling...

Trump continues to blame fires on forest mismanagement even while traveling to California

President Donald Trump again blamed California's wildfires, which have left at least 74 people dead and over 1,000 missing, on forest mismanagement hours before was due to... Read more ...

Joe Biden Just Adopted An Adorable Shelter Dog

Joe Biden Just Adopted An Adorable Shelter Dog

The former vice president has been fostering Major, a German shepherd, and decided to make things permanent. Read more ...

Trump continues Twitter campaign for Pelosi: 'I can get her as many votes as...

Trump continues Twitter campaign for Pelosi: 'I can get her as many votes as she wants'

President Trump tweeted Saturday: "I can get Nancy Pelosi as many votes as she wants in order for her to be Speaker of the House." Trump tagged Republican Rep. Tom Reed, who... Read more ...

Acting Attorney General Matthew Whitaker Hit With Supreme Court Challenge

Acting Attorney General Matthew Whitaker Hit With Supreme Court Challenge

The motion argues that Deputy Attorney General Rod Rosenstein should by law take over for the ousted Jeff Sessions. Read more ...

The CEO behind IHOP and Applebee's perfectly illustrates how US restaurants...

The CEO behind IHOP and Applebee's perfectly illustrates how US restaurants could be one of the biggest winners of Trump's trade war

Dine Brands CEO Steve Joyce, whose company owns popular brands like IHOP and Applebee's, laid out how President Donald Trump's trade war is helping restaurants. China, Canada... Read more ...

The odds of a second referendum on Brexit just rose sharply

The odds of a second referendum on Brexit just rose sharply

The odds of Britain holding a second referendum just went sharply up and are now a near coin-toss, according to HSBC. But Prime Minister Theresa May probably does have the... Read more ...