Quantcast
Connect with us

Author who’s seen Trump’s tax returns says documents would expose lies about his wealth

Published

on

Timothy O'Brien (CNN)

Donald Trump’s unreleased tax returns are a lot like his hair — an elaborately constructed façade that covers over the embarrassing truth.

Timothy O’Brien, who interviewed the real estate developer and reality TV star while researching his 2004 book, “TrumpNation: The Art of Being The Donald,” appeared Wednesday morning on CNN, where he explained what he found after the titular subject of that book sued him for libel.

ADVERTISEMENT

“During the course of that litigation, my lawyers deposed him about his taxes and we got his tax returns,” O’Brien said. “I think there’s very practical things in those documents that Trump doesn’t want to produce because they’re going to undermine a whole series of claims and remarks he’s made on the campaign trail over the last year.”

O’Brien is prohibited from discussing specifics about Trump’s wealth under terms of the lawsuit settlement, but Trump was repeatedly called out during a two-day deposition for exaggerating his wealth — which the author set at $250 million.

“Obviously, (the tax returns) won’t get at his net worth, but it will show his income, and income is one pillar of how much money someone’s actually making, obviously, and how robust their business is,” O’Brien said. “I think he might have hesitations revealing that. He’s repeatedly on the campaign trail described himself as a generous philanthropist, as a very big backer of that, so there’s very little public information available that shows that he’s actually been a philanthropist. Certainly (in) New York, he’s not known as a major philanthropist.”

The tax returns could also undercut his arguments against illegal immigration and globalization, said O’Brien, a contributing editor for Bloomberg View.

“He’s also spent a large portion of his time on the campaign trail criticizing American companies for operating overseas at the expense of the American worker,” O’Brien said. “We know he sources a lot of his clothing overseas, he hires workers for his hotels and resorts from overseas, (and) the tax returns could reveal some of that.”

ADVERTISEMENT

But there’s more to Trump’s tax returns than revealing the lies he’s whipped up on the campaign trail, O’Brien said.

“I think, at the end of the day, what the really crucial thing is, he’s running for the highest office in the land, he’s running to be one of the most powerful people in the world, and the taxes would show what kind of financial issues and pressure would come to bear on him in the office,” he said. “That’s the reason historically that presidents have revealed and released their taxes.”

ADVERTISEMENT


Report typos and corrections to: [email protected].
READ COMMENTS - JOIN THE DISCUSSION
Continue Reading

Breaking Banner

Progressives unite for last-ditch effort to delay Amy Coney Barrett vote — by impeaching Bill Barr

Published

on

Progressive activists are urging House Democrats to essentially kill two birds with one stone by impeaching Attorney General Bill Barr -- which would delay the confirmation vote for Judge Amy Coney Barrett.

"Attorney General Barr has acted to subvert the laws that he, as our nation's chief federal law enforcement official, is duty-bound to uphold," more than 20 progressive groups signed in a joint letter.

"Attorney General Barr has made a career out of undermining our democracy and it is pellucidly clear that he has been ramping up efforts to undermine the upcoming elections and invalidate the votes of millions of Americans," the groups wrote.

Continue Reading

2020 Election

Sam Elliott narrated a powerful new Joe Biden ad — and it aired during Game 1 of the World Series

Published

on

Actor Sam Elliott narrated a new ad for Joe Biden that aired during Game 1 of the World Series.

"There is only America," Elliott said. "No Democratic rivers, no Republican mountains, just this great land and all that's possible on it -- with a fresh start."

"Cures we can find, futures we can shape, work to reward, dignity to protect," Elliott continues, as the Star Spangled Banner plays quietly on a piano in the background.

"There is so much we can do if we choose to take on problems and not each other," the narrator continues. "And choose a president who brings out our best."

Continue Reading
 

Breaking Banner

Man who scaled Trump Tower escaped from an ambulance after being hospitalized for a mental evaluation: report

Published

on

The strange saga of the man who scaled Trump Tower in Chicago continued on Tuesday.

"A man was taken into police custody Monday morning after hanging off the side of Trump Tower from a rope since Sunday evening demanding to speak to President Donald Trump," the Chicago Sun Times reported on Monday. "The man, who is in his 20s, began dangling from the tower’s 16th-floor balcony about 5:30 p.m., asking to speak to the president and trying to get his message to the media, according to Chicago Police spokesman Tom Ahern. Police officers at the scene said they believe the man used a climbing harness.

Continue Reading
 
 
Democracy is in peril. Invest in progressive news. Join Raw Story Investigates for $1. Go ad-free. LEARN MORE