According to the New York Times report, Donald Trump helped his father dodge tax. (Source: AP)
The New York Times recently reported the participation of the US president Donald Trump in dubious tax schemes during the 1990s. The report stated that the instances of fraud ‘greatly increased’ the fortune Trump received from his parents. During the 2016 election, the US president proclaimed that he was a self-made billionaire, with almost no financial help from his father New York City builder Fred C Trump.
ALSO READ | Trump engaged in suspect tax schemes as he reaped riches from his father
However, the investigative report by the newspaper refutes Trump’s claims. According to the same report, the investigation is based on ‘confidential tax returns and financial records’ that state that Trump received a total of $413 million from his father’s real estate empire. As per the report, most of the money made was by dodging tax, which Trump helped his parents with. Moreover, he and his brother also set up sham companies to hide millions of dollars in gifts from their parents.
Here’s Wednesday’s @nytimes front page featuring a year long investigation into Trump’s taxes. pic.twitter.com/LZbjn1A6xr
— Sam Dolnick (@samdolnick) October 3, 2018
The investigation has created quite a buzz on social media. While many are requesting an immediate probe into the matter, others state that this investigation should have been done back in 2016. The report, which was published in today’s New York Times is being shared by many.
This is a powerful @nytimes front page on its allegations about @realDonaldTrump’s tax arrangements pic.twitter.com/7gADdQlPLW
— Peter Hoskins (@PeterHoskinsTV) October 3, 2018
The #NewYork Times destroyed Trump’s origin story — and the White House didn’t deny it https://t.co/V7fGH9RLqm pic.twitter.com/ySBO3rr40V
— Trump Scoop (@Trump_Scoop) October 3, 2018
JFC, no wonder the man can’t run a business! Daddy did it all, including buying his “degree.” And this is the man people think is capable of running this country?!
— Trumplethinskin Poke (@Trumplethinski3) October 3, 2018
Just more evidence that Trump is a liar through and through!
— Natalie Molineaux (@Molineaux50) October 3, 2018
imagine if NYT had done this in 2016 instead of Clinton Cash https://t.co/SXgZynyjuC
— Eric Boehlert (@EricBoehlert) October 2, 2018
Everything about Trump is a lie. https://t.co/klWICvNOr6
— Pitt Griffin (@pittgriffin) October 2, 2018
Imagine inheriting 413 million dollars from Dad and then having the gall to trumpet yourself a ‘self-made man.’ https://t.co/mNcTj63wRO
— Diana Swancutt (@bostonpovertyc) October 3, 2018
Remember October 3 and this @nytimes front page.#ETTD, including his presidency. pic.twitter.com/CCugqq7QO4
— Armen Devejian (@daddykool) October 3, 2018
@nytimes front page 8-column story laying out @realDonaldTrump sleazy dishonest scamming flimflamming tax-evasion schemes. 🔥🔥🔥🔥🔥🔥🔥🔥🔥 pic.twitter.com/lm7QdHl5fz
— Jerry Saltz (@jerrysaltz) October 3, 2018


