TIME magazine has a depressing expose about the $160 billion in tax breaks that the CARES Act awards to the real estate industry, including the family business of Jared Kushner.

The CARES Act is the coronavirus relief package of $2 trillion intended to save mom-and-pop businesses and other small businesses at risk of failing due to the prolonged shutdown.

When Democrats realized that the real estate moguls had pulled a fast one, they wrote repeal legislation that has no chance of passing in the Senate.

TIME’s analysis of drafts of the bills and lobbying disclosures, along with interviews with half a dozen staffers and lobbyists, show that the provisions originated with Senate Finance Committee Chairman Chuck Grassley’s office, which was working with other Republicans on the committee, and were lobbied for heavily by the real estate industry, including a prominent real estate trade group, of which Jared Kushner’s family’s company is a member…

Jared Kushner’s family’s company, Kushner Companies, is a member of NMHC’s advisory committee, according to the organization’s website. That membership appears to be the lowest level of membership and requires an annual fee of $5,000. The NMHC website also lists Avi Lebor, Kushner Companies’ director of acquisitions, as the contact for the company on the membership directory. Lebor was in prison with Kushner’s father and joined Kushner Companies after they were both released, according to Bloomberg. The Trump Organization, which will also benefit from the tax provisions, is not publicly listed as a member of NMHC.

War profiteers.