Abdul El-Sayed Says Wealthy Should 'Pay Their Fair Share' But Appears To Take Advantage of Tax 'Loophole' Used by John Edwards, Accountants Say

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• Free BeaconRight·2h ago

  Abdul El-Sayed Says Wealthy Should 'Pay Their Fair Share' But Appears To Take Advantage of Tax 'Loophole' Used by John Edwards, Accountants Say

  Michigan Democratic Senate nominee Abdul El-Sayed says that, if elected, he will work to "build a tax system that's fair for working people and makes billionaires pay their fair share." Yet his latest financial disclosure and tax return suggest the wealthy candidate, who is in the top 1 percent of Michigan earners, is taking advantage of an obscure tax loophole—derided since then-Democratic vice presidential hopeful John Edwards used it in 2004—in order to lower his own tax burden, accountants …

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