Quantcast
Connect with us

Trump’s taxes reveal president’s businesses reaped millions in return for favors from the administration: NYT

Published

on

(Official White House Photo by Tia Dufour)

On Saturday, The New York Times published a detailed report on how their new access to President Donald Trump’s tax records reveals the extent to which he used his businesses to sell access to wealthy individuals with business before the administration.

“An investigation by The Times found over 200 companies, special-interest groups and foreign governments that patronized Mr. Trump’s properties while reaping benefits from him and his administration. Nearly a quarter of those patrons have not been previously reported,” said the report. “The tax records — along with membership rosters for Mar-a-Lago and the president’s golf club in Bedminster, N.J., as well as other sources — reveal how much money this new line of business was worth.”

ADVERTISEMENT

In particular, “Just 60 customers with interests at stake before the Trump administration brought his family business nearly $12 million during the first two years of his presidency, The Times found. Almost all saw their interests advanced, in some fashion, by Mr. Trump or his government.”

“Patrons at the properties ranged widely: foreign politicians and Florida sugar barons, a Chinese billionaire and a Serbian prince, clean-energy enthusiasts and their adversaries in the petroleum industry, avowed small-government activists and contractors seeking billions from ever-fattening federal budgets,” continued the report. “Mr. Trump’s administration delivered them funding and laws and land. He handed them appointments to task forces and ambassadorships, victories as weighty as a presidential directive and as ephemeral as a presidential tweet.”

In one case, the report noted, one prominent Florida lobbyist, Brian Ballard, felt pressured into paying the $200,000 membership fee to join Trump’s Mar-a-Lago country club because he was made to feel that his clients would not get favorable treatment otherwise.

Another case centered on Illinois businessman David Storch. “In the closing months of the Obama administration, Mr. Storch’s company, AAR Corp., had wrested from a rival a $10 billion contract to service State Department aircraft … But as Mr. Trump took office, the competitor, DynCorp, was fighting the award in federal court.” Because the private equity manager who owned DynCorp was a huge donor to Trump, Storch and AAR felt pressure to respond in kind: “In 2017, AAR held an executive retreat at the Trump National Doral golf resort. The company returned again in June 2018, during the hot and rainy slow season, paying $120,746, records show. The following year, AAR held an event at Mr. Trump’s Chicago hotel.”

White House spokesman Judd Deere denied all of these characterizations, saying, “The president has kept his promise every day to the American people to fight for them, drain the swamp and always put America first.”

ADVERTISEMENT

You can read more here.


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

2020 Election

Arizona Republican likens Trump’s loss to Japan getting nuked while losing WW II — but as a good thing

Published

on

President Donald Trump on Monday allowed President-elect Joe Biden's transition to proceed -- while vowing he would never concede.

Despite Trump losing the election, some Trump supporters are refusing to accept the outcome.

One Arizona Republican in Congress, Paul Gosar, drew upon the historical knowledge him learned on his way to becoming a dentist in a bizarre analogy he posted on Twitter.

Gosar suggested the Trump movement would be like an Imperial Japanese soldier in World War II who refused to surrender until 1974.

Continue Reading

2020 Election

Neal Katyal predicts law schools will teach a ‘Worst Mistakes in Court’ class on Trump’s ‘pathetic’ 20-day fiasco

Published

on

Prominent lawyer Neal Katyal is best known for having tried over 40 cases before the United States Supreme Court and serving as acting Solicitor General during the Obama administration.

But he also has spent more than two decades as a law professor at Georgetown.

He drew upon all of that experience for a Monday evening appearance on MSNBC's "The Last Word" with Lawrence O'Donnell.

"Someday a law school class is going to be called 'The Worst Mistakes in Court' -- and it will be just about these 20 days," Katyal predicted. "Because this legal strategy is so pathetic it makes Trump's coronavirus strategy look competent by contrast."

Continue Reading
 

2020 Election

Trump vows he ‘will never concede’ — in 11 pm conspiracy-filled rant

Published

on

Donald Trump lost the 2020 presidential to President-elect Joe Biden, but is still refusing to concede.

White House aides reportedly convinced him to allow Biden to begin his transition by telling him he did not need to use the word "concede."

But that word appeared to be on his mind late Monday night.

"What does GSA being allowed to preliminarily work with the Dems have to do with continuing to pursue our various cases on what will go down as the most corrupt election in American political history?" Trump asked while continuing to lie about the election being corrupt.

Continue Reading