12/13/2016

TAXES: "President-elect Donald Trump’s top personnel picks stand to delay paying tens of millions of dollars in personal taxes on investment gains when they take up their posts, according to a Wall Street Journal analysis of corporate filings and other financial disclosures. The potential tax benefits are the result of a longstanding federal policy designed to let incoming appointees sell their shares and other assets, to avoid conflicts of interest in their new jobs, without racking up huge tax bills."

 – “Trump’s Nominees Stand to Reap Tens of Millions of Dollars in Potential Tax Deferrals,” Wall Street Journal, WSJ.com, Dec. 13, 2016, Gregory Zuckerman and Theo Francis, 12/13/2016

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