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Trump plotted to inflate his worth a billion dollars and leave his kids with a massive tax bill: Michael Cohen

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Ivanka, Eric and Donald Trump Jr. -- Trump campaign

During an appearance on MSNBC on Saturday morning, former Donald Trump “fixer” Michael Cohen shared a story about the president’s attempts to inflate his personal worth, purely for vanity purposes, that would have left his children with a massive tax bill if he died — with the president saying he didn’t care.

Speaking with host Alex Witt, Cohen said that Trump just pulled numbers out of the air when he was with Cohen and Trump Organization CFO Allen Weisselberg as part of a plot to get increased fawning coverage from the press.

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According to Cohen, Trump suggested inflating his worth over a billion dollars because it sounded better.

“I’ve told the story where one time I’m sitting in the office, and he basically went from $7 billion to being worth to $8 billion in under ten seconds,” Cohen recalled. “First it was, ‘I wanted to show I have $7 billion.’ Then ‘I’m worth $7 billion’ before the conversation finished it’s, ‘let’s make it $8 billion.”

“Now what we had to do, Allen and myself, is go through all of the assets and see if we can’t manipulate the numbers,” he continued. “Whatever we could do to increase it. The problem was: who were we fooling? We weren’t fooling anybody. Then Weisselberg said that may not the smartest idea, we’ll have a tax bill we can’t deal with if you drop dead tomorrow and that will be on the kids. He [Trump] said, ‘well, that’s okay. I’ll be dead, let them deal with it.'”

“That’s the callousness of Donald J. Trump,” he added.

Watch below:

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2020 Election

Early voting to be hit by heavy rain and flooding as Hurricane Zeta barrels towards the Gulf Coast

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Hurricane Zeta is expected to make landfall near Louisiana's border with Mississippi on Wednesday evening as campaigns work to get supporters to the polls and convince any undecided voters to back their candidate.

"Hurricane conditions and life-threatening storm surge are possible along portions of the northern Gulf Coast on Wednesday, and Storm Surge and Hurricane Watches are in effect," the National Hurricane Center warned.

"Between Tuesday night and Thursday, heavy rainfall is expected from portions of the central Gulf Coast into the southern Appalachians and Mid-Atlantic states near and in advance of Zeta. This rainfall will lead to flash, urban, small stream, and minor river flooding," the center explained.

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2020 Election

Lincoln Project releases harrowing new video of the future if Trump wins re-election

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The Lincoln Project, the group of former top GOP strategists seeking to beat President Donald Trump in the 2020 election, released another new video on Monday evening.

Unlike other videos, the latest release did not feature Trump saying crazy things. Instead, it is more like a 60-second short film.

It features a mother listening to election night returns. She goes into her son's bedroom and lovingly awakens him.

"Hey honey, you asked me to wake you and tell you what happened in the election," she says.

"Who won?" the child asked.

"Trump," she replied. "Trump won."

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2020 Election

Twitter again takes action against Trump for lying about mail-in ballots

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On Monday, President Donald Trump tweeted yet another false claim about mail-in ballots, and implicitly called for throwing out any ballots that have not been received by November 3rd even if they were postmarked before that date.

Twitter took action against the president's false statement, hiding it behind a warning that it "might be misleading about how to participate in an election or another civic process."

The social network has previously limited other tweets from the president, including those giving false information about the COVID-19 pandemic and one that appeared to glorify the shooting of civil rights protesters.

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