Most Americans — aside from Donald Trump’s most gullible supporters — are well aware that the president has been trying to use his presidency to cash in. This country has never seen more conflicts of interest or unethical business dealings being co-mingled with a presidency until Trump came around, and his entire family is in on it.
The apple doesn’t fall far from the tree with the Trumps. It turns out that his daughter Ivanka and her husband Jared Kushner were pushing a major tax break so that they might one day profit! It was recently revealed by the Associated Press that earlier this year, the president had started promoting the Trump administration’s new real estate investment program — a program that gives huge tax breaks to those who invest in downtrodden American communities. Acknowledging his daughter one of the main supporters of the program, Trump asked his daughter:
Ivanka, would you like to say something? You’ve been pushing this very hard.”
Ivanka had responded in the meeting, “Creating the incentive to bring capital into communities that are currently being overlooked is just a tremendous opportunity.”
There’s a reason for that. It turns out that The Opportunity Zone program, which Ivanka and Jared have been aggressively pushing, could have major financial benefits for them. An investigation by AP revealed that because the couple has not divested from their real estate investments, this creates quite an ethical dilemma considering that Ivanka and Jared both have a big stake in Cadre, a real estate investment firm that recently announced it would be launching several Opportunity Zone funds for major investment projects. Currently, there are at least 12 properties between the two that could qualify for tax breaks due to the Opportunity Zones in New Jersey, New York, and Maryland.
Virginia Canter, chief ethics counsel for the nonprofit Citizens for Responsibility and Ethics in Washington, stated this raises red flags. He said that Ivanka Trump’s advocacy for the Opportunity Zone program “creates a direct conflict of interest with her spouse’s investment in Cadre. Jared Kushner’s interests are Ivanka Trump’s interests and vice versa.”
It is absolutely insane that Trump and his family were allowed to govern America while they had all of these ethical concerns. America is falling apart, but the Trumps will end up better off thanks to the GOP.
Featured image via screen capture