Is Trump really a terrible businessman? It’s more complicated than it looks
The IndependentUltimately, Mr Trump has been more successful playing a business mogul than being one in real life.” That’s the killer line from the sweeping New York Times expose of President Trump’s tax affairs, which reveal that he paid just $750 in federal income tax in the year he won the presidency, and $750 in his first year of the job, while painting a picture of a business empire teetering on the brink. Not only does it appear to have propped up the Trump Organisation’s struggling real estate businesses, it is ultimately what delivered the presidency into his hands. The newspaper’s analysis also reveals that the US version of The Apprentice, along with licensing and endorsement deals that flowed from Trump’s celebrity, poured $427.4m into his coffers. Trump Celebrity LLC is poised to rise from the ashes of his political office, the real estate “empire”, even from the tax investigations.
History of this topic
‘Open season on profiteering’: Ex-Bush lawyer sounds alarm over Trump's business empire
Raw Story
'Con man' Trump has no way to back up his economic promises: Robert Reich
Raw StoryHow wealthy is Donald Trump exactly? Here's a look at his companies, properties and income
ABC
Trump facing devastating debt load? Experts say not so fast
The Independent
Trump’s tax manoeuvres do not change his billionaire status
Al Jazeera
This is how Donald Trump leveraged his business empire and political career to make millions of dollars
The Independent
Trump explains his businesses lost so much because he was avoiding tax
The IndependentDiscover Related
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