Charting an Empire: A Timeline of Trump’s Finances
U.S. · BUSINESS · POLITICS
September 27, 20201 min read137 words
Published: September 27, 2020  |  1 min read137 words
The tax returns that Mr. Trump has fought to keep secret cast a harsh light on his finances, revealing a businessman who regularly reports losing so much money that he has gone for years paying little or no income taxes and today finds himself in a tightening financial vise. He ...
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Well Sourced
September 28, 2020
Amazing reporting by @nytimes on #TaxFraudTrump nytimes.com/interactive/20… Also may explain why he was so quick to resist #COVID19 lockdowns: “The #pandemic has crippled the hospitality & recreation industry that so much of @realDonaldTrump portfolio of properties is dependent on.”
September 28, 2020
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Well Sourced
September 28, 2020
Overall, this is a very well-sourced article with a limited number of politically motivated punches thrown. There's definitely an intention from the authors to paint Trump's empire as on the brink of crumbling, as seen in statements such as "The tax returns for Mr. Trump and hundreds of his businesses reveal the hollowness, but also the wizardry, of the self-made-billionaire image honed through “The Apprentice.”" This statement doesn't pertain to the financial figures and is unnecessary in my opinion. I also take issue with the New York Times acting as if reporting massive losses as a way of demonstrating that Trump is not a clever businessman. It may be true, but reporting losses is a way clever business persons maintain their wealth and pay less in taxes, meaning it is in Trump's interest to show massive losses. I think the New York Times is aware of this but purposefully neglects to mention it to readers because they'd prefer the narrative that Trump is a failing businessman. The format of this data-focused article is very cool and I hope we see more of this format in the future.
September 28, 2020
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