Business Standard

For Donald Trump's rich appointees, death may be certain but taxes aren't

If Republicans manage to repeal estate tax, many may be able to defer capital gains taxes forever

Donald Trump
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Donald Trump is sworn in as the 45th president of the United States by Chief Justice John Roberts as Melania Trump looks on during the 58th Presidential Inauguration at the US Capitol in Washington. <b>Photo: PTI</b>

Allan SloanCezary Podkul
There are times when two seemingly unrelated tax policies intersect to create windfalls for fortunate people who are in the right place at the right time.
That is likely to be the case when it comes to calculating the tax benefits that will go to the billionaires and other very rich people joining the Trump administration. Among those who stand to benefit but haven't been identified until now is Donald Trump's son-in-law, Jared Kushner, even though he's not taking a formal government job.
No, this isn't going to be another screed on the tax code provision that provides a temporary tax break

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