Joe.My.God. LGBT News
The New York Times reports:
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. Mr. Trump won the presidency proclaiming himself a self-made billionaire, and he has long insisted that his father, the legendary New York City builder Fred C. Trump, provided almost no financial help.
But The Times’s investigation, based on a vast trove of confidential tax returns and financial records, reveals that 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. He and his siblings set up a sham corporation to disguise millions of dollars in gifts from their parents, records and interviews show.
You WILL want to read the rest.
And there’s this. I bet the Times would love a defamation lawsuit; the discovery portion would be lots of fun… pic.twitter.com/TfgJ87zbKw
— Steven Bellovin (@SteveBellovin) October 2, 2018
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. https://t.co/CciVkq5mDU
— The New York Times (@nytimes) October 2, 2018
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. https://t.co/SAGfDh1Ec4
— The New York Times (@nytimes) October 2, 2018
Trump declined repeated requests over several weeks to comment for this article. But a lawyer for Trump, Charles J. Harder, provided this statement: “The New York Times’s allegations of fraud and tax evasion are 100 percent false, and highly defamatory.” https://t.co/c3a5EcVv3G
— The New York Times (@nytimes) October 2, 2018