enhanced_deficit
05-16-2019, 11:33 PM
Media is pushing somewhat contradicting narratives of "his businesses are not big success/flat" and "he's profiteering from his presidency".
May 16, 2019 / 2:10 PM / Updated 6 hours ago
Trump took out 30-year loan on $18.5 million home in 2018
Trump reported that his income from his multitude of business operations remained largely flat, with some of his resort and golf clubs doing better and others producing less income for him.
A handful of companies, however, did cease operation.
One of the biggest drops was for Trump Productions LLC, the production company that oversaw his television show The Apprentice. In 2017, Trump reported $2 million in income from the company but only about $280,000 in 2018.
Trump Model Management, which is described as a modeling agency, shuttered entirely. He reported about $715,000 from the agency in 2017 and only $547 in “residual” income.
Last year’s report filed by Trump listed him as holding a position on 565 separate companies. This year’s report only listed one, Trump Corporation.
FILE PHOTO - U.S. President Donald Trump boards Air Force One as he departs Washington for travel to Louisiana from Joint Base Andrews, Maryland, U.S., May 14, 2019. REUTERS/Leah Millis
Last year in May, Trump’s disclosure form made public for the first time that he repaid more than $100,000 to former personal attorney Michael Cohen, who had paid hush money to porn star Stormy Daniels about an affair she alleges to have had years before with the president.
Cohen was sentenced to three years in prison in December for his role in making illegal payments to women to help Trump’s 2016 election campaign and lying to Congress about a proposed Trump Tower project in Russia. Cohen reported to prison earlier this month.
The disclosure released in May 2018 also showed that Trump received more than $25 million in income in 2017 from Mar-a-Lago and more than $15 million in income from his golf club in Bedminster, New Jersey.
Trump spends time and vacations at both clubs and sells memberships to Mar-a-Lago. His continued ownership of the golf venues has been criticized by opponents, who say it blends personal and public business, allowing him to profit from the presidency.
https://www.reuters.com/article/us-usa-trump-financials/trump-took-out-30-year-loan-on-185-million-home-in-2018-idUSKCN1SM2AY
MAGA is 'filthy rich' narrative also appears to be fakenews hoax like the Russia collusion hoax.
May 16, 2019 / 2:10 PM / Updated 6 hours ago
Trump took out 30-year loan on $18.5 million home in 2018
Trump reported that his income from his multitude of business operations remained largely flat, with some of his resort and golf clubs doing better and others producing less income for him.
A handful of companies, however, did cease operation.
One of the biggest drops was for Trump Productions LLC, the production company that oversaw his television show The Apprentice. In 2017, Trump reported $2 million in income from the company but only about $280,000 in 2018.
Trump Model Management, which is described as a modeling agency, shuttered entirely. He reported about $715,000 from the agency in 2017 and only $547 in “residual” income.
Last year’s report filed by Trump listed him as holding a position on 565 separate companies. This year’s report only listed one, Trump Corporation.
FILE PHOTO - U.S. President Donald Trump boards Air Force One as he departs Washington for travel to Louisiana from Joint Base Andrews, Maryland, U.S., May 14, 2019. REUTERS/Leah Millis
Last year in May, Trump’s disclosure form made public for the first time that he repaid more than $100,000 to former personal attorney Michael Cohen, who had paid hush money to porn star Stormy Daniels about an affair she alleges to have had years before with the president.
Cohen was sentenced to three years in prison in December for his role in making illegal payments to women to help Trump’s 2016 election campaign and lying to Congress about a proposed Trump Tower project in Russia. Cohen reported to prison earlier this month.
The disclosure released in May 2018 also showed that Trump received more than $25 million in income in 2017 from Mar-a-Lago and more than $15 million in income from his golf club in Bedminster, New Jersey.
Trump spends time and vacations at both clubs and sells memberships to Mar-a-Lago. His continued ownership of the golf venues has been criticized by opponents, who say it blends personal and public business, allowing him to profit from the presidency.
https://www.reuters.com/article/us-usa-trump-financials/trump-took-out-30-year-loan-on-185-million-home-in-2018-idUSKCN1SM2AY
MAGA is 'filthy rich' narrative also appears to be fakenews hoax like the Russia collusion hoax.