President Trump has sold himself as a self-made billionaire but a Times investigation found that he received more than $400 million from his father’s empire, much of it through dubious tax schemes during the 1990s, including instances of outright fraud.
While we‘re discussing personal finances: Trump’s tax dodges represent millions of dollars taken from schoolchildren, teachers, firehouses, senior centers & more. Strange that my normal, working class checking account attracts more attn than public theft.
Do you know how high the bar is for the NYT to directly accuse someone, let alone a sitting president, of tax fraud, which is a federal crime? It's very, very high. And here we are
NEW: Russ Buettner, David Barstow and I got our hands on a massive trove of confidential docs - including 200 tax returns - from Fred Trump’s empire. We found Donald Trump received hundreds of millions from his dad, some of it via fraudulent tax schemes.
On newsstands today: The New York Times investigation that shows how Donald Trump participated in dubious tax schemes during the 1990s, including instances of outright fraud.
Your periodic reminder: Four months ago we learned there is extensive documentary evidence that the president of the United States and his family planned and executed a massive tax fraud scheme worth hundreds of millions of dollars.
“I got peanuts” from my dad, Donald Trump has said. Our investigation found Trump received the equivalent today of at least $413 million from his dad and at least another $61M in loans. Not $1 million - at least $61M
It’s mind boggling to me how much we learned about Donald Trump and his tax shenanigans through the documents we got. It really underscores the need for presidents -- Donald Trump in particular -to release their tax returns.
Forget all the noise. Trump's true story is simple and clear and not disputed by Trump, himself. - His father created a company built on decades of tax fraud: 1/
President Trump has sold himself as a self-made billionaire but our investigation found that he received more than $400 million from his father’s empire, much of it through dubious tax schemes during the 1990s, including instances of outright fraud.
15 days ago, the New York Times published credible evidence that the President of the United States committed large-scale, illegal tax fraud. We should still be talking about that. For anyone else, it would be a presidency-defining (or destroying) scandal.
This investigation - wow. "Mr. Trump received the equivalent today of at least $413 million from his father’s real estate empire....Much of this money came to Mr. Trump because he helped his parents dodge taxes."
This story just won a Pulitzer. Read it (again).
Bombshell, in a nutshell: A sitting president of the United States enriched himself from what appears to be a massive fraudulent tax-dodging inheritance scheme, documented by a trove of 100k confidential financial documents.
Read from top to bottom - government loans passed off publicly as shrewd business tactics, apparently undeclared gifts from father to son, and skullduggery involving Trump trying to finagle his way to managing his elderly father's estate to his benefit
Trump’s parents transferred "over $1 billion in wealth to their children, which could have produced a tax bill of at least $550 million under the 55 percent tax rate then imposed on gifts and inheritances." The Trumps paid $52.2 million, or about 5%
Wow. "President Trump participated in dubious tax schemes during the 1990s, including instances of outright fraud, that greatly increased the fortune he received from his parents." An example:
JUST PUBLISHED: A BLOCKBUSTER NYT INVESTIGATION
A YEARLONG INVESTIGATION INTO TRUMP’S TAXES JUST DROPPED
The President is a financial fraud, made none of his own money, was consistently bailed out by his dad, and conspired with his siblings (one of whom is a federal judge) to engage in (possibly criminal) tax fraud to inherit their wealth.
All County siphoned millions of dollars from Fred Trump’s empire by simply marking up purchases already made by his employees. Those millions, effectively untaxed gifts, then flowed to All County’s owners — Donald Trump, his siblings and a cousin.
A New York Times investigation of the Trump family’s finances is unprecedented in scope and precision, offering the first comprehensive look at the inherited fortune and tax dodges that guaranteed Donald J. Trump a gilded life.
As President Trump demands the "maximum penalties, both civil and criminal" for "VOTER FRAUD," do be sure if you have not already to read the NYT story meticulously documenting decades of Trump tax fraud
"outright fraud" is language journalists don't use unless it's a bfd.
Trump family statement to NYT on apparent $500 million tax evasion is singularly focused on the statute of limitations and not on denying it.
Based on 100,000 pages of mortgages, tax returns and other documents, this is a financial biography of the 45th president that is fundamentally at odds with the story Mr. Trump has sold in his books, his TV shows and his political life.
I admit I couldn’t fully focus on this last week. It’s a testament to our distorted and unmoored political moment that it hasn’t brought the Trump presidency to a standstill.
The real news here is that he may actually be wealthy.
Trump participated in dubious tax schemes during the 1990s, including instances of outright fraud, that greatly increased the fortune he received from his parents, an investigation by The New York Times has found.
The White House says Trump wasn’t mocking Ford, but was just “stating the facts.” Since they suddenly love facts so much, may I recommend the NY Times piece on their boss? It’s chock full!
President Trump has sold himself as a self-made billionaire but our investigation found that he received more than $400 million from his father’s empire, much of it through dubious tax schemes during the 1990s, including instances of outright fraud.
President Trump participated in dubious tax schemes during the 1990s, including instances of outright fraud, that greatly increased the fortune he received from his parents, an investigation by The New York Times has found.
Really remarkable piece of journalism from the NYT, especially in the sheer number of precise details. No filler.
Tax experts briefed on The New York Times’s findings said the Trumps’ conduct presented a pattern of deception and obfuscation that repeatedly prevented the IRS from taxing large transfers of wealth to Fred Trump’s children.
By age 3, Mr. Trump was earning $200,000 a year in today’s dollars from his father’s empire. He was a millionaire by age 8.
New: Judge Maryanne Trump Barry faced accusations of judicial misconduct over her role in the Trumps' fraudulent tax schemes uncovered in our 2018 tax investigation. Her retirement neutralizes those allegations. Here's the initial story. .
"in 1990, according to previously secret depositions, Mr. Trump tried to have his father’s will rewritten in a way that Fred Trump, alarmed and angered, feared could result in his empire’s being used to bail out his son’s failing businesses."
“The secret of a great fortune made without apparent cause is soon forgotten, if the crime is committed in a respectable way.”
how many of the wealthy are calling for down-to-the-letter policing of poor communities while simultaneously benefitting from a criminal justice system that let's even "outright" white collar schemes, like this, go unpunished
Here's, perversely, the problem w investigative journalism in midst democratic backsliding: POTUS implicated in nearly half billion dollar tax fraud scheme. Scandalous revelation w likely zero institutional response. Result: deepening crisis of legitimacy.
"Trump received the equivalent today of at least $413 million from his father’s real estate empire, starting when he was a toddler and continuing to this day. Much of this money came to Mr. Trump because he helped his parents dodge taxes."
If you've followed Trump's hype about his own wealth, what's most ironic is the central scheme used by the Trump family to dodge taxes, per a new investigation: Grossly undervaluing their properties.
honestly this is a pretty brutal indictment of the bulk of articles that have been written about Trump between 1976 and November 2016
i can't believe this thing about CNN wow
NYT special investigation into Trump taxes
1/n I finally read that remarkable NYT expose of how President Trump’s riches were born through a combination of decades of full-out support from his father and tax fraud. One of their fraudulent schemes particularly got under my skin.
By the way, do take the time to read the entire NYT report, which is filled with astonishing detail and a real joy to read -- a remarkable combination for a financial story.
In normal times and with a sane political landscape, the Times report on Trump family taxes would be dominating the news 1/
All I want to know is why this investigation wasn't conducted and published *before* the election
very proud of my colleagues but as I read, can't help remember that cheating the government out of taxes is seen by some as virtue, not vice. This has the deepest roots imaginable in American history.
A lot of going to be said about this, but one thing this story shows is the importance of parental wealth on children's outcomes. Makes me think of the work by & and the racial wealth gap
Exhibit #237 of why anyone running for federal office should have to disclose their tax returns. Congress needs to pass my legislation to #EndCorruptionNow, which would force candidates (and ) to make their tax returns public.
The New York Times’s findings are based on interviews with Fred Trump’s former employees and advisers and more than 100,000 pages of documents describing the inner workings and immense profitability of his empire.
Nobody in this country got rich on their own – no one. Especially not someone who probably committed tax fraud & got $413M from his father & his morally bankrupt real estate empire. Are you going to talk about that at your rally tonight, ?
As for the $1 million loan President Trump so often cites, The New York Times found that Fred Trump actually lent his son at least $60.7 million, or $140 million in today’s dollars:
Fred Trump took prompt action to thwart his son. He dispatched his daughter to find new estate lawyers. The lawyers quickly drafted a new document stripping Donald Trump of sole control over his father’s estate. Fred Trump signed it immediately.
NEW...Huge NYT Investigation: President Trump participated in dubious tax schemes during the 1990s, including instances of outright fraud, that greatly increased the fortune he received from his parents.
In 1990, according to previously secret depositions, Donald Trump tried to have his father’s will rewritten in a way that Fred Trump feared could result in his empire’s being used to bail out his son’s failing businesses.
The New York Times’s findings raise new questions about President Trump’s refusal to release his income tax returns, breaking with decades of practice by past presidents.
Congratulations to , and who won the 2019 Pulitzer Prize in explanatory reporting for their forensic review of President Trump’s family finances. Read their investigation here
Trump participated in tax fraud schemes, according to a lengthy and detailed article from the . This report should renew public calls for Trump to release his tax returns, as other presidential candidates have done.
In President Trump’s version of how he got rich, he parlayed a $1 million loan from his father into a $10 billion empire. This version was amplified by decades of credulous coverage from news organizations, including The New York Times.
TRUMP said that his dad gave him "a small loan of $1M" to get him started. WRONG: Dad was giving him $200k/year in today’s dollars by age 3. After his college graduation, he was receiving the equivalent of $1M/year, which increased to $5M/year in his 40s.
President Trump has long sold himself as a self-made billionaire. But a New York Times investigation found that he received at least $413 million in today’s dollars from his father’s real estate empire, much of it through tax dodges in the 1990s.
Truly the most dazzling reporting in this NYT blockbuster is this All County boiler scam, which, by this reporting, has a bunch of earmarks of being a criminal tax-dodging enterprise that immediately inflicted suffering on Trump-family tenants.
NYT EXCLUSIVE: Trump participated in "instances of outright fraud."
EXCLUSIVE: Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father
What emerges from this body of evidence is a financial biography of the 45th president fundamentally at odds with the story Donald Trump has sold in his books, his TV shows and his political life
The president has long sold himself as a self-made billionaire, but a Times investigation found that he received at least $413 million in today’s dollars from his father’s real estate empire, much of it through tax dodges in the 1990s.
Trump is a major league tax cheat, reveals after reviewing massive trove of secret documents. Follows on my revealing he lost 2 income tax fraud trials. We lost demand Congress investigate.
read this story with the knowledge that this is also a family that has portrayed poor americans as government dependant and lazy, while ascribing their own riches to their innate intelligence
President Trump has sold himself as a self-made billionaire but our investigation found that he received more than $400 million from his father’s empire, much of it through dubious tax schemes during the 1990s, including instances of outright fraud.
President Trump has long sold himself as a self-made billionaire, but a investigation found that he received at least $413 million in today’s dollars from his father’s real estate empire, much of it through tax dodges in the 1990s.
also, major congrats to the tireless and crew for their Pulitzer Prize on how Trump and his family dodged taxes by engaging in suspect schemes and fraud
Fred Trump passed down hundreds of millions of dollars -- and a particular way of doing business -- to his son, the president of the United States. This is one of the most fascinating business stories of all time
This is an insult to every American who works hard and pays their taxes. It’s long past time he be held accountable.
Reminder that when Republicans learned Trump stole $400,000,000 from the American tax payer, they did not even request his tax returns.
”Is this really what we are talking about today?” Trump advisor Kellyanne Conway told CNN when asked about whether the president should release his tax returns. Answer: It is, and he should.
Fred Trump’s tax returns seem to show Donald Trump engaging in suspect tax schemes and “outright fraud.” ...what would we learn from President Trump’s own tax returns?
So surprised to learn that Trump's wealth was based on tax fraud
A MAJOR NYT INVESTIGATION
VAST TROVE OF TAX RETURNS OBTAINED
This damning confirms what we all knew all along; that the tiny-handed, ferret-wearing cheeto-faced shit-gibbon is also a massive fraud
Speaking of family stories, has one, too. It's the story of a second-generation tax cheat who was handed a $413 million inheritance through rich-guy loopholes and outright criminal fraud.
At the end of the 14,000+ word bombshell Trump tax investigation by is a familiar coda to so many major NYT deep dives: "Kitty Bennett contributed research."
TWO YEARS TOO LATE MY DUDES
The monster Trump real estate tax-evasion story also provides ammunition for NY tenant advocates fighting to end rent increases premised on major capital improvements made by landlords, often padded, as the Trump family's plainly were.
NYT: "President Trump participated in dubious tax schemes during the 1990s, including instances of outright fraud, that greatly increased the fortune he received from his parents, an investigation by The New York Times has found."
“All of this smells like a crime”
is systematically dodging millions of dollars in taxes for decades more or less patriotic than taking a knee
Appropriate that on #TaxDay, the wins a Pulitzer for documenting Trump and his family’s history of tax avoidance.
"including instances of outright fraud”
Just finished reading the New York Times investigation of Trump's finances, beginning to end. This is one hell of a story. The reporters nailed Trump's con, the Great Lie he's been peddling all along. No wonder he won't reveal his taxes.
"The president has long sold himself as a self-made billionaire, but a Times investigation found that he received at least $413M in today’s $ from his father’s real estate empire, much of it through tax dodges... including instances of *outright fraud* "
If you came at me last week after the NYT's miserable, decontextualized screed on Rosenstein with reactive calls to drop subscriptions: The Times now proves the US president a tax cheat. Fitzgerald's dictum re: opposing ideas & 1st-rate minds applies here
"Congrats to the NYT who won the Pulitzer Prize in explanatory reporting for their investigation that found that Trump received at least $413 million from his father’s real estate empire, much of it through tax dodges in the 1990s." #TrumpCrimeFamily
“It was a spectacular con, right down to the priceless moment when Mr. Trump confessed that he was ‘publicity shy.’”
Michael Cohen told Congress today that Donald Trump would inflate his total assets when it served his purposes, and deflate them to reduce his real estate taxes. He has been doing this for decades. A look back at our October tax fraud investigation.
. deep dig into Trump money >> "President Trump participated in dubious tax schemes during the 1990s, including instances of outright fraud, that greatly increased the fortune he received from his parents"
New York Times journalists David Barstow, Susanne Craig and Russ Buettner analyzed more than 100,000 documents to understand Fred Trump’s empire and uncover income that President Donald Trump received from family enterprises.
Donald Trump just criticized Sen. Bob Casey for becoming successful on the good name of his father. Seriously.
Note the unambiguous language in this NYT story on the Trump finances: "Instances of outright fraud" "Overt fraud" "Appeared to be fraudulent"
I think about this story -- and how hugely important it is -- a lot.
Let’s not forget the investigative reporting revealing Trump’s tax fraud and illegal dodges worth $413 million.
Monster investigation on Trump and taxes by , and Russ Buettner, revealing: A sham corporation, improper deductions worth millions, possibly illegal maneuvers to skirt gift/inheritance taxes and "instances of outright fraud."
One very blunt and sobering subtext to NYT’s behemoth Trump taxes story: Fawning decades-long coverage of Trump and his bogus “self-made billionaire” story by the media…including the Times.
If you haven't already, make sure to read the NYT investigation of self-made billionaire Donald Trump:
The Times style manual calls for dropping the real shade in the 15th graf
So has there been any conservative pushback on this article or are we all acknowledging that Trump is a tax cheat?
This is amazing, and (if I am reading right) leaves a big, juicy question unanswered: Who the heck gave the NYT all these tax documents?
The #Pulitzer for explanatory reporting was awarded to David Barstow, Susanne Craig and Russ Buettner of for an investigation of President Trump’s finances that exposed the president’s persistent tax dodging
The New York Times should release a cost estimate for its investigation: 'Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father.' Has to be at least $1.5 million, and probably much more. Public service journalism at its highest level.
Congratulations to and , winners of the 2019 Pulitzer Prize for explanatory reporting on the Trump family taxes. Original story
What's the public interest in Trump tax returns? Among other reasons ... The normally ultra-litigious Trump declined to sue the NYT for publishing the below.
So many amazing details in the Times piece, but the best has got to be that Trump was paid a $200,000 salary by his father at age 3.
This story is just a small part of a much bigger picture of an economy rigged by the wealthy and well-connected. It's time the rich pay their fair share.
Parsing this extraordinary reporting: per ⁦⁩, Allen Weisselberg’s finger prints are all over it; as virtually confirmed by Trump attorney denial >> Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father 1/2
Feels like that NYT story on Trump family tax evasion raises some uncomfortable questions for Maryanne Trump Barry, no?
Remarkable story on tax evasion by the Trump family. A few takeaways: (1/8)
"Self-made blue-collar billionaire"? Hardly. exposé reveals that is a fake, a fraud, and a con. #Resist
More than a year in the making. Not to be missed.
No wonder we haven't seen his tax returns. In-depth investigation shows Trump used elaborate schemes, including straight-up fraud, to underpay taxes on his parents' estate.
On the NYTimes story: "It ends responsible discussion of the Trump organization as anything other than, at its core, a criminal enterprise" , New Yorker #MAGA #DueProcess
Reminder that NYT broke the tax scandal of any modern presidency and that it barely made a splash on cable news/the internet
"He and his siblings set up a sham corporation to disguise millions of dollars in gifts from their parents, records and interviews show."
"Here is what can be said with certainty: Had Mr. Trump done nothing but invest the money his father gave him in an index fund that tracks the Standard & Poor’s 500, he would be worth $1.96 billion today.”
EXCLUSIVE: Tour de force reporting on Trump’s wealth, tax dodges and the building of a family fortune. By ⁦⁩ ⁦⁩ ⁦
Mr. Trump received the equivalent today of at least $413 million from his father’s real estate empire, starting when he was a toddler and continuing to this day. Much of this money came to Mr. Trump because he helped his parents dodge taxes.
FROM NYT - "The president has long sold himself as a self-made billionaire, but a Times investigation found that he received at least $413 million in today’s dollars from his father’s real estate empire, much of it through tax dodges in the 1990s."
"He made his money the old-fashioned way. He inherited it from his father, who stole it." #Evergreen, except they also stole it from the government & all their fellow citizens, taxpayers, & everyone else. via
No. 3 The NYT’s bombshell story on Trump’s taxes. The Times detailed what appeared to be years of questionable financial practices by and his late father, aimed at avoiding taxes. Now, the NY AG wants to investigate…
I didn't comment about this yesterday, but I did read it and while I'm not sure about the way the piece about Trump's pre-Presidential finances conflates "improper" with illegal deductions, it has The Goods otherwise and should be read by all
This NYT investigation of Trump's finances really puts the whole self-made thing to bed.
This is outstanding reporting on the source of Donald Trump’s wealth (his father)
This is the guy we let rewrite our tax code? Without even seeing his tax returns? Big yikes. #ReleasetheReturns
For the record again: The nation's leading newspaper accused the sitting president of participating in "outright fraud" in the first sentence of a document-based investigative expose.
Surprised? Of course not. Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father
This great NYT piece is not just about Trump’s corruption. It also shows how white people (largely men) gain wealth from the intergenerational transfer of non-merit-based resources. See racial wealth gap research by
This is textbook financial fraud. There's no other way to describe it.
Remarkable reporting
To me, the most telling detail in this stunning series of revelations comes at the end: "Had Mr. Trump done nothing but invest the money his father gave him in an index fund that tracks the Standard & Poor’s 500, he would be worth $1.96 billion today."
Who's got a time machine so that we can go back and have this story about the Tax Dodger in Chief come out October 2, 2016? 'Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father
we live in a modern aristocracy and I'm looking forward to the day Donald Trump and the rest of the useless failson elites that rule us retire to a lovely french villa
One reason I love working at the NYT is you'll be sitting at your desk and suddenly this appears, the result of a TON of work by your colleagues.
NYT investigation concludes that Trump "received the equivalent today of at least $413 million from his father’s real estate empire"
“The Times’s investigation of the Trump family’s finances is unprecedented in scope and precision, offering the first comprehensive look at the inherited fortune and tax dodges that guaranteed Donald J. Trump a gilded life.”
This hasn't been read as widely as it should, probably b/c we all instinctively know he's a crook (and last week was a mess), but this is excellent reporting and very damning: Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father
Trump has no talent for making money, only spending it. He inherited it, cheated tax on it, and when he disposed of the last of his father’s empire it was in a hurry, at a loss of hundreds of millions to his siblings, to bail out his own failed investments
As I read the investigation of Trump tax cheating, I think how we rig the system to benefit tycoons. Corporate tax cheating alone costs $125 billion a year, enough to pay for national pre-k, for drug treatment for all, and free community college.
But remember, Hillary had emails.
"But over time, as Donald Trump careened from one financial disaster to the next, his father found ways to give him substantially more money, records show."
As the president has over time tried to cast doubt on the vetting of prospective public servants, give this all-in-one-place story about Trump's relationship with the tax laws a glance
This is trenchant, revealing journalism.
"Donald J. Trump accumulated wealth throughout his childhood thanks to his father, Fred C. Trump." He had an amazing father. May all of us as parents be able to give our own children the benefits of our success.
jfc this is like five different kinds of malfeasance in one paragraph
His base thinks he is one of them and he is one of them who cheats them
I'm only halfway through but this is a staggering piece of reporting
Hats off. This is just an astonishing story and makes it clear Donald Trump and his siblings are a bunch of goniffs. Nervy. But goniffs.
This is a remarkable piece of reporting ... and it shows Trump is even more corrupt than previously assumed
"it is unlikely that Mr. Trump would be vulnerable to criminal prosecution for helping his parents evade taxes, because the acts happened too long ago and are past the statute of limitations. There is no time limit, however, on civil fines for tax fraud"
Hiding his taxes may turn out to be the only smart thing Trump ever did.
Always proud to be a ⁦⁩ reporter. Especially proud this week as I visit Chicago & realize just how gutted ⁩ is. Read this piece & ask yourself what other newspaper dedicates this kind of resources to quality reporting?
what an amazing statement "this is all TOTALLY FALSE but if it does exist it wasnt us"
Tax cheat. I, for one, am shocked
Has been robbing the country for decades. And set an example for his own children.
Oh, yes. There was also that lengthy bombshell NYT investigation published in October showing how Trump participated in "suspect" tax schemes. The Dems are going to get those returns, folks.
"Mr. Trump received the equivalent today of at least $413 million from his father’s real estate empire, starting when he was a toddler and continuing to this day."
"Even more extraordinary was this unreported fact: The banks...valued Fred Trump’s empire at nearly $1 billion. In other words, Donald Trump, master dealmaker, sold his father’s empire for hundreds of millions less than it was worth."
Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father
"By age 3, Mr. Trump was earning $200,000 a year in today’s dollars from his father’s empire. He was a millionaire by age 8."
Follow the dirty dirty dirty money of Trump
This is an insanely impressive feat of investigative journalism, and I have no idea how the NY Times pulled it off.
Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father // No one from this era of NY would be surprised but insanely amazing reporting. Isn't the real conclusion though to ask why we have a tax system that incents this type of effort?
“President Trump participated in dubious tax schemes during the 1990s, including instances of outright fraud, that greatly increased the fortune he received from his parents, an investigation by the New York Times has found.”
100 years ago, entrepreneurs pretended to have inherited their money. Today, inheritors pretend to have earned their money. Behind every great fortune there is a great lie.
The laid out the first decades of the company's fraud: and show how the fraud continued and adapted to international business. Also on podcast: 2/
This is a Pulitzer-worthy article, a reminder of the importance of well-funded, independent investigative journalism, surely based on months or more of deep research using a mountain of original sources. It's a great piece of history. Read it.
I didn’t think anything could shock me anymore... but this is ABSOLUTELY INSANE
No punches pulled by on Trump family tax behaviour
Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father
It was tax evasion that got Al Capone not his other crimes too.
Mr. Trump received the equivalent today of at least $413 million from his father’s real estate empire, starting when he was a toddler and continuing to this day.
For more than a year, we've wondered what and were up to in that conference room with the stacks and stacks of paper. Figured it would be amazing. Now we know that it really, really is..
On the one hand, we now have strong evidence that the Trumps lied and defrauded the tax-paying public. It’s criminal. On the other, I fear the entire GOP leadership and base will say, “so what?” Accepting corruption is part of the deal. Truth be damned.
The "in reviewing >100,000 pages of records, found that Mr. #Trump ’s finances were deeply intertwined with, & dependent on, his father’s wealth. By age 3, Mr. Trump was earning $200,000/yr frm his father’s empire. He was a millionaire by age 8."
Every time we think we've mapped the full fraudulence of Trump's public persona, it turns out we missed entire continents
So, in addition to 6 bankruptcies, screwing creditors, scamming banks, borrowing dirty money from Russian mob, skipping on his taxes, and lying every step of the way, now this scumbag didn't even make the first $400 mil on his own? Wow, what a surprise.
President Trump participated in dubious tax schemes during the 1990s, including instances of outright fraud, that greatly increased the fortune he received from his parents, an investigation by The New York Times has found.
Imagine being surprised to learn that Trump is an inveterate tax cheat, and that his story of self-creation is complete fiction. It's sad that so much investigative legwork must now be poured into confirming the painfully obvious.
Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father
“The partnership between Fred and Donald Trump was not simply about the pursuit of riches. At its heart lay a more ambitious project, executed to perfection over decades — to create that origin story, the myth of Donald J. Trump, Self-Made Billionaire.”
“By age 3, [Donald Trump] was earning $200,000 a year in today’s dollars from his father’s empire. He was a millionaire by age 8." Great reporting by &
“By age 3, [Donald Trump] was earning $200,000 a year in today’s dollars from his father’s empire. He was a millionaire by age 8." Great reporting by &
No surprise. More shame. Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father via
The obliterates 's autobiography. Masterful: "Although Fred Trump became wealthy w/ help from federal housing subsidies, he insisted that it was manifestly unfair for the government to tax his fortune as it passed to his children."
This is our president. To quote Ta-Nehisi Coates, as I'm doing a lot these days, this is the cost of whiteness.
Wow this will be fun to read. Trump’s tax schemes in
🚨Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father
original article here
Charles Harder: You tax evasion accusations against my client are false and highly defamatory Also Charles Harder: It wasn’t my client
“By age 3, Mr. Trump was earning $200,000 a year in today’s dollars from his father’s empire. He was a millionaire by age 8.” 😂😂😂😐
Pity that the ⁦⁩ didn’t reveal this and other Trump cons before November 2016.
No they don't. "The Times’s findings raise new questions about Mr. Trump’s refusal to release his income tax returns"
well this is certainly one reason he hasn’t released his returns.. “Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father” #DonTheCon
« Although Fred Trump became wealthy with help from federal housing subsidies, he insisted that it was manifestly unfair for the government to tax his fortune as it passed to his children ...»
BTW, according to Trump’s lawyer the NYT story in his inaccurate .... it’s “extremely inaccurate” Honestly does everyone who works for this guy have the vocabulary of a 13 year old boy
"The president has long sold himself as a self-made billionaire, but a Times investigation found that he received at least $413 million in today’s dollars from his father’s real estate empire, much of it through tax dodges in the 1990s."
To answer my own question, yes it's true (as stated in the ): "By age 3, Mr. Trump was earning $200,000 a year in today’s dollars from his father’s empire. He was a millionaire by age 8", as part of a tax-avoidance scheme.
NYT says Trump is a crook.
If the rule of law applied to the rich in America then Trump would be in prison rather than the White House.
Investigative journalism is an essential element of a modern democratic society. Amazing reporting here.
"They were both fluent in the language of half-truths & lies. They both delighted in transgressing without getting caught. They were both wizards at manipulating the value of their assets,making them appear worth a lot or a little depending on their needs"
"self made" millionaire Trump was a millionaire by age 8. When Trump graduated from college, he was receiving the equivalent of $1M a year from his father. The $ increased with the years, to more than $5M annually in his 40s/50s
#Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father Special Investigation
Some people resent paying taxes because they think the President cheats on his taxes. Those people are correct.
An impressive investigation, to say the very very least.
o no say it aint so | Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father
Trump started on his father’s payroll at age 3, being paid $200,000 / yr. A spoonfed rich kid pretending to be self-made - the details are incredible
Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father
See, I would say the NYT has done a lot of truly great stories about Mr. Trump. Like this one
Three reporters ⁩ ⁦⁩ ⁦ win Pulitzer Prize for Explanatory Journalism for exposing how President Donald Trump got rich using suspect tax schemes via #journalism #Pulitzer⁩
And here is the astonishingly thorough Trump story by "the accounting firm of Craig, Barstow and Buettner"
This news won’t make any difference to his supporters. They’ll think it was smart of him and laugh, or they’ll discount it as “fake news” from the “failing New York Times.” Or, they’ll never hear it at all.
Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father
This is not the story about Trump's unwavering commitment to truth and the investigative process, nor the one in which he says that it would be disqualifying for a powerful official to perjure himself. It's just about money laundering by . Move along
A pretty incredible piece of reporting by the ⁦⁩, sadly to be ignored or dismissed by all Trump supporters
TBH I suspect this isn't have more impact because everybody already feels like they know it, and have fully integrated it into their views of Trump.
Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father - The New York Times
"Self-made" man's dad gave him $200,000 a year from age 3; $1 million a year after college; more than $5 million annually in his 40s and 50s.
Amazing reporting, which most people will basically ignore, because they're really only interested in culture-wars stories and getting their daily fix of OUTRAGE.
I'm sure it's a great article, my very important observation is that the visual effect at the top is super creepy
This is incredible reporting. I'm going to cite the number $413 million over and over again to illustrate the power of inherited (NOT earned) resources: "Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father"
Finally got through this. Kudos to the NYT for a monumental piece of investigative journalism: "Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father"
It’s a damning read, but not shocking to anyone who’s been paying attention. What is impressive is the work The NY Times put into this report.
God's decision to spend a couple years humiliating was an interesting move.
Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father Times
Riveting, despite its potentially mind-numbing material, from the first semiotic toupee graphic to last GRAT didactic. Engaged in Suspect Tax Schemes as He Reaped Riches From His Father
Back to an almost-forgotten story from several days ago: the President of the US became rich (and ultimately became President) mainly by cheating on taxes, to the tune of several hundred million $$$$. Kind of a big deal.
A fraud on every possible level. | Trump Engaged in Suspect Tax Schemes as He Reaped Riches From His Father
Used to be in president-press relations something called a gaffe. The gaffe doesn't exist any more because it's become the whole presidency. This method is surprisingly effective. Works for fact-checking too. Now it's been extended to big investigations.
Simply shocking news. 🙄 But seriously. This will just make him a hero to those who love him bc they HATE paying taxes (you know those pesky things that pay for police, firefighters, schools, libraries, roads, etc.). The New York Times
Hey remember this? Trump isn't much of a businessman but he's a key member of a multigenerational tax fraud with a sideline in general con artistry and, oh, racist reality TV.
I’ll say it again. Subpoena his tax returns and follow the money. Hello? .......... Hello?
This kind of in depth reporting is why I subscribe to ‘⁦⁩ Engaged in Suspect Tax Schemes as He Reaped Riches From His Father’