The great businessman confused income with revenue

Legion Troll

A fine upstanding poster
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TRUMP SPOKESMAN JOHN MILLER



Trump has apparently filed his second annual personal financial disclosure form—not to be confused with a tax return—with the Federal Election Commission.

“I filed my PFD, which I am proud to say is the largest in the history of the FEC. Despite the fact that I am allowed extensions, I have again filed my report, which is 104 pages, on time,” Trump said in a press release today. Actually, he filed early! The deadline is May 25.

“I have built an incredible company and have accumulated one of the greatest portfolios of real estate assets, many of which are considered to be among the finest and most iconic properties in the world. This is the kind of thinking the country needs.”

The disclosure reveals that Trump has seen, in the past year, a “revenue increase of approximately $190 million dollars (which does not include dividends, interest, capital gains, rents and royalties),” according to the press release. If this is true, this would be all the more impressive given how much damage Trump’s presidential campaign has done to his business.

As it happens, personal financial disclosures are just about the most opaque form of disclosure required of presidential candidates.

On the last one, Trump confused revenue with income. :palm:


http://gawker.com/donald-trump-files-his-second-personal-financial-disclo-1777190274
 
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