Post by Bradley K. Sherman|
| Wealthy? Want to join the Trump administration? There's a
| tax break for you
|
| An obscure rule allows appointees to defer taxes on assets
| they shed to avoid conflicts of interest.
| ...
<https://www.politico.com/news/2024/11/18/wealthy-want-to-join-the-trump-administration-theres-a-tax-break-for-you-00189095>
--bks
Well would ya alook at this?
"A long list of people have used the provision over the years, including
many in the Biden administration. Treasury Secretary Janet Yellen was
approved for the deferral, government records show, as was Energy
Secretary Jennifer Granholm. In 2021, Yellen was told to sell stocks in
Conoco Phillips, Pfizer, Raytheon and Dow, among other companies."