Tag: taxes

Kamala Harris keeps assets in tax-advantaged trust, appearing to violate own ethics pledge

Vice President Kamala Harris keeps assets in a tax-advantaged family trust, a move that appears to violate an ethics pledge she and President Biden made on the campaign trail.

According to Harris’ financial disclosure form released Monday, she has been a trustee of the KDH/DCE family trust since 2017. The trust’s assets “are not reportable,” according to the filing, effectively obscuring some of the vice president’s holdings from public view.

The trust is inconsistent with Biden and Harris’ campaign plan to crack down on such vehicles once in office. Biden and Harris pledged to work with Congress to “eliminate the trust loophole in existing financial disclosure law,” and Biden said he would “require that any member of his Administration who is a beneficiary of a discretionary trust disclose all of its holdings.”

It is unclear why Harris does not have to adhere to the pledge and report the assets held in the trust. The vice president’s office did not respond to a request for comment. 

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New Jersey Plans Taxpayer-Funded $1K Stimulus Checks for Illegal Aliens

New Jersey Gov. Phil Murphy (D) is planning to provide eligible illegal aliens in his state with up to $1,000 stimulus checks, paid for by the state’s taxpayers.

As part of a $275 million budget package, Murphy is offering eligible illegal aliens — those who were unable to secure state and federal relief during the Chinese coronavirus crisis — about $40 million worth of taxpayer-funded aid in the form of one-time stimulus checks.

Eligible illegal aliens could receive up to $1,000 and up to $2,000 per household. Murphy’s office said they may consider a second round of stimulus checks for illegal aliens at a later date depending on federal aid for New Jersey.

The move comes after illegal aliens in New Jersey started a hunger strike, demanding they receive $2,000 stimulus checks, as Breitbart News reported.

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