01 Mar '19 09:12>2 edits
“I built what I built myself.” This boast has long been at the core of the mythology of Donald Trump. Trump's financial records however tell a very different story.
Mr. Trump is only self-made if you don’t count the massive financial rewards he received from his father’s business beginning as a toddler. (By age 3, little Donald was reportedly pulling in an annual income of what today would be $200,000 a year.) These benefits included not only the usual perks of hailing from a rich, well-connected family — the connections, the access to credit, the built-in safety net. For the Trumps, it also involved direct cash gifts and tens of millions in “loans” that never charged interest or had to be repaid. Fred Trump even purchased several properties and business ventures, putting ownership either fully or partly in the names of his children, who reaped the profits. Yet despite all these advantages he still went bankrupt 6 times! Asked for comment on The Times’s findings, a lawyer for the president provided a written statement denying any wrongdoing and asserting that, in fact, Mr. Trump had little to do with the dizzying transactions involving his family’s wealth.
Veterans of New York news media still laugh to recall how Mr. Trump would call them up, pretending to be a publicist named John Barron, or sometimes John Miller, in order to regale them with tales of Mr. Trump’s glamorous personal life — how many models he was dating, which actresses were pursuing him, which celebrities he was hanging out with. As gross and tacky and bizarre as this all seemed, it was aimed squarely at fostering the image of Donald Trump as a master of the universe who, as the cliché goes, women wanted and men wanted to be.
Trump supporters - I know you'd rather cry "fake news" than you would fact the facts, but Donald Trump is not the success story he pretends to be.
-Now stop stalling and show us those tax returns, Mr. President!
https://www.nytimes.com/2018/10/02/opinion/donald-trump-tax-fraud-fred.html
https://www.washingtonpost.com/politics/2016/live-updates/general-election/real-time-fact-checking-and-analysis-of-the-first-presidential-debate/fact-check-has-trump-declared-bankruptcy-four-or-six-times/?utm_term=.4f29778e04d1
Mr. Trump is only self-made if you don’t count the massive financial rewards he received from his father’s business beginning as a toddler. (By age 3, little Donald was reportedly pulling in an annual income of what today would be $200,000 a year.) These benefits included not only the usual perks of hailing from a rich, well-connected family — the connections, the access to credit, the built-in safety net. For the Trumps, it also involved direct cash gifts and tens of millions in “loans” that never charged interest or had to be repaid. Fred Trump even purchased several properties and business ventures, putting ownership either fully or partly in the names of his children, who reaped the profits. Yet despite all these advantages he still went bankrupt 6 times! Asked for comment on The Times’s findings, a lawyer for the president provided a written statement denying any wrongdoing and asserting that, in fact, Mr. Trump had little to do with the dizzying transactions involving his family’s wealth.
Veterans of New York news media still laugh to recall how Mr. Trump would call them up, pretending to be a publicist named John Barron, or sometimes John Miller, in order to regale them with tales of Mr. Trump’s glamorous personal life — how many models he was dating, which actresses were pursuing him, which celebrities he was hanging out with. As gross and tacky and bizarre as this all seemed, it was aimed squarely at fostering the image of Donald Trump as a master of the universe who, as the cliché goes, women wanted and men wanted to be.
Trump supporters - I know you'd rather cry "fake news" than you would fact the facts, but Donald Trump is not the success story he pretends to be.
-Now stop stalling and show us those tax returns, Mr. President!
https://www.nytimes.com/2018/10/02/opinion/donald-trump-tax-fraud-fred.html
https://www.washingtonpost.com/politics/2016/live-updates/general-election/real-time-fact-checking-and-analysis-of-the-first-presidential-debate/fact-check-has-trump-declared-bankruptcy-four-or-six-times/?utm_term=.4f29778e04d1