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How Trump's rich cabinet members could save millions thanks to a little-known tax break

Donald Trump's rich cabinet picks can take advantage of a tax loophole that could allow them to defer capital gains taxes indefinitely.

By: Business Insider

Nov 21 2024
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How Trump's rich cabinet members could save millions thanks to a little-known tax break

Rob Kim/Getty Images for The Cantor Fitzgerald Relief Fund; Arturo Holmes/Getty Images; Chelsea Jia Feng/BI

Donald Trump's cabinet shortlist is set to include billionaires and wealthy execs.… [+5008 chars]

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I changed my retirement plans at 57. Now, I travel full time in an RV with my wife and live off of investments.