Stock Donations Could Fuel Trump Accounts With Generous Tax Breaks
TL;DR
Forbes reports that potential changes to the tax code could allow ultra-wealthy donors to contribute appreciated stock to Trump-linked accounts and receive substantial tax deductions, potentially enabling large political contributions with reduced tax liability.
Topics:businesspolitics#campaign-finance#donor-advised-fund#politics#stock-donation#tax-policy#trump
- Billionaires Could Soon Donate Stock To Trump Accounts—With Big Tax Breaks Forbes
- 'Trump accounts' could allow direct stock donations down the road: Reports CNBC
- Inside the Debate About Adding Stocks to Trump Accounts The New York Times
- Opinion | Millions of kids are missing out on a big financial gift The Washington Post
- Billionaires may be allowed to donate stock to Trump Accounts USA Today
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