Teflon Don Trump's net worth appears to be much less than he boasted

Rana said:
He loves debt!
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Maybe he thinks the president can just file bankruptcy on behalf of the USA.

POLITICO spoke with more than a dozen financial experts and Trump’s fellow multimillionaires about the presumptive Republican nominee’s financial statement.

Their conclusion: The real estate magnate’s bottom line — what he actually puts in his own pocket — could be much lower than he suggests.

Some financial analysts said this, and a very low tax rate, is why Trump won’t release his tax returns.



http://www.politico.com/story/2016/05/donald-trump-money-net-worth-223662#ixzz4AGVQu2Cp
 
Legion Troll said:
Maybe he thinks the president can just file bankruptcy on behalf of the USA.

POLITICO spoke with more than a dozen financial experts and Trump’s fellow multimillionaires about the presumptive Republican nominee’s financial statement.

Their conclusion: The real estate magnate’s bottom line — what he actually puts in his own pocket — could be much lower than he suggests.

Some financial analysts said this, and a very low tax rate, is why Trump won’t release his tax returns.



http://www.politico.com/story/2016/05/donald-trump-money-net-worth-223662#ixzz4AGVQu2Cp
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Yep
 
WHY WON'T TEFLON DON RELEASE HIS TAX RETURNS? WHY WON'T TEFLON DON RELEASE HIS TAX RETURNS? WHY WON'T TEFLON DON RELEASE HIS TAX RETURNS? WHY WON'T TEFLON DON RELEASE HIS TAX RETURNS? WHY WON'T TEFLON DON RELEASE HIS TAX RETURNS? WHY WON'T TEFLON DON RELEASE HIS TAX RETURNS? WHY WON'T TEFLON DON RELEASE HIS TAX RETURNS?


Trump is certainly wealthy. In a campaign where the New Yorker has portrayed himself as the biggest, the richest, the classiest and the best at everything, disclosing that he is less rich than he lets on could be damaging.

His businesses apparently generate a lot of revenue but may not put much cash in his pocket; he assigns himself a net worth that is impossible to verify and may be based in part on fantasy; and he is selling assets and increasing debt in ways that suggest a man scrambling for ready cash.




http://www.politico.com/story/2016/05/donald-trump-money-net-worth-223662#ixzz4AGVQu2Cp
 
Legion Troll said:
WHY WON'T TEFLON DON RELEASE HIS TAX RETURNS? WHY WON'T TEFLON DON RELEASE HIS TAX RETURNS? WHY WON'T TEFLON DON RELEASE HIS TAX RETURNS? WHY WON'T TEFLON DON RELEASE HIS TAX RETURNS? WHY WON'T TEFLON DON RELEASE HIS TAX RETURNS? WHY WON'T TEFLON DON RELEASE HIS TAX RETURNS? WHY WON'T TEFLON DON RELEASE HIS TAX RETURNS?


Trump is certainly wealthy. In a campaign where the New Yorker has portrayed himself as the biggest, the richest, the classiest and the best at everything, disclosing that he is less rich than he lets on could be damaging.

His businesses apparently generate a lot of revenue but may not put much cash in his pocket; he assigns himself a net worth that is impossible to verify and may be based in part on fantasy; and he is selling assets and increasing debt in ways that suggest a man scrambling for ready cash.




http://www.politico.com/story/2016/05/donald-trump-money-net-worth-223662#ixzz4AGVQu2Cp
Click to expand...
Bankruptcy is his best friend
 
TRUMP NEEDS HIS MOUTH WASHED OUT WITH SOAP HIS SPOKESWOMAN HICKS IS A HOPE-A-DOPE - TRUMP NEEDS HIS MOUTH WASHED OUT WITH SOAP HIS SPOKESWOMAN HICKS IS A HOPE-A-DOPE - TRUMP NEEDS HIS MOUTH WASHED OUT WITH SOAP HIS SPOKESWOMAN HICKS IS A HOPE-A-DOPE - TRUMP NEEDS HIS MOUTH WASHED OUT WITH SOAP HIS SPOKESWOMAN HICKS IS A HOPE-A-DOPE - TRUMP NEEDS HIS MOUTH WASHED OUT WITH SOAP HIS SPOKESWOMAN HICKS IS A HOPE-A-DOPE -



In response to a list of questions, Trump campaign spokeswoman Hope Hicks emailed: “The report speaks for itself.”

If it does, the 104-page report — which Trump filed with the Federal Election Commission on May 17 — does not speak clearly.

The financial disclosure form showed Trump adding fresh debt of at least $50 million, though a campaign news release said Trump is using increased revenue to reduce his debt, which is now at least $315 million and possibly more than $500 million.

The disclosure also suggests that Trump sold fund assets to raise as much as $7 million in cash and individual securities to raise up to $9 million more.



http://www.politico.com/story/2016/05/donald-trump-money-net-worth-223662#ixzz4ALKjxse4
 
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