Replies to post #311266 on Tornado Alley (PROG)

[blackhawks]

Pretty sure this is worth reclaiming at least 2 of the 3 lunches DrHarley has falsely claimed to have eaten this morning.

That said I'm not much into cheeseburgers and fries anymore, so keep those lunches for yourself......gearhead.

'Times' Journalists Puncture Myth Of Trump As Self-Made Billionaire

October 18, 2018·1:23 PM ET

https://www.npr.org/2018/10/18/658442355/times-journalists-puncture-myth-of-trump-as-self-made-billionaire

Investigative reporters Susanne Craig and David Barstow say the president received today's equivalent of $413 million from his father's real estate empire, through what appears to be tax fraud.

This is FRESH AIR. I'm Terry Gross. Donald Trump's book "The Art Of The Deal," his TV show "The Apprentice" and his successful presidential campaign were based on his image as a brilliant deal-maker and self-made billionaire.

But recent New York Times reporting reveals a different narrative. It's based on a trove of more than a hundred thousand pages of documents, including confidential tax returns and financial records given to the Times by a secret source.

The documents reveal that by age 3, Trump was earning $200,000 a year as measured in today's dollars from his father Fred Trump's real estate empire. Fred Trump made Donald Trump a millionaire by the time Donald was 8. Over the years, Donald received today's equivalent of $413 million from his father's businesses.

Much of this money was transferred from father to son with the help of schemes designed to avoid paying taxes, some of which, according to my guests, were outright fraud. Susanne Craig and David Barstow are two of the reporters at The New York Times who wrote a long investigative article about the many tax maneuvers Fred Trump devised to pass his vast fortune onto his children. Susanne Craig writes about the intersection of politics, money and government for the Times. David Barstow has won three Pulitzer Prizes.