Saturday, June 17, 2017

Trump's Financial Statement

It is different from a federal tax return, which Trump has refused to make public and which would reveal much more about his business and financial dealings, including foreign business ties, both direct and indirect.


Overall, Trump reported liabilities of at least $311 million -- mortgages and loans. But the number could be much higher because he was required only to report a range in value for each loan.

His finances should improve after he collects and makes hay on his position as president.

Norman Eisen, a Brookings Institution visiting fellow and former ethics lawyer for President Barack Obama, said the document is missing a great deal of valuable information.

"We still don't know the extent or sources of foreign emoluments, the identity of all his investors, partners and financial actors involved in his businesses, the purchasers, including possibly foreign ones of his condos and other properties," Eisen said.


Trump last released information about his finances in May 2016, as a candidate. It showed Trump was worth at least $1 billion.

About nine million below what he claims.

...but hey, do what you will anyway.

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