First daughter Ivanka Trump on Tuesday drew widespread ridicule when she attacked Rep. Alexandria Ocasio-Cortez (D-NY) for supporting ideas such as a universal basic income for all Americans.
“I don’t think most Americans, in their heart, want to be given something,” Ivanka said during a Fox News interview. “People want to work for what they get. So, I think that this idea of a guaranteed minimum is not something most people want.”
However, Ivanka herself makes millions of dollars every year without lifting a single finger.
As Trump biographer Tim O’Brien notes on Twitter, Ivanka Trump’s financial disclosure form shows that her income streams largely derive from assets that do not require her to put in any kind of hard work.
“Ivanka Trump gets lucrative annual streams of income, rents and capital gains — $1 million here, $5 million there — from her biz, her husband’s biz, and her father’s biz that she largely gets for just sitting there,” observes O’Brien.
Ivanka Trump gets lucrative annual streams of income, rents and capital gains — $1 million here, $5 million there — from her biz, her husband's biz, and her father's biz that she largely gets for just sitting there. Her public disclosure form: https://t.co/9V53mqN6eS https://t.co/toTByQ3udc
— Tim O'Brien (@TimOBrien) February 26, 2019
For example, her 2018 financial disclosure form shows that Ivanka made more than $5 million in rents and royalties from the Ivanka M. Trump Business Trust, which was set up after she took a job at her father’s White House and whose assets are overseen by relatives of husband Jared Kushner, as reported by the New York Times in 2017.
Other sources of income include nearly $4 million in hotel-related revenue from an LLC set up to lower the Trump family’s future estate tax burdens, and over $2 million in salary and severance from the Trump Payroll Corp.