Posted on 10/04/2018 3:44:33 PM PDT by Signalman
President Trump blasted the “Failing” New York Times for writing a “hit piece” on him after the newspaper published a story saying he amassed his billion-dollar fortune by helping his parents “dodge taxes” and through “outright fraud.”
“The Failing New York Times did something I have never seen done before. They used the concept of ‘time value of money’ in doing a very old, boring and often told hit piece on me,” the president wrote on Twitter Wednesday. “Added up, this means that 97% of their stories on me are bad. Never recovered from bad election call!” The newspaper, in a more than 14,000-word report, said Trump received more than $413 million in today’s dollars from the real estate empire his father began. The president has previously said he parlayed a $1 million loan from his dad, Fred Trump, into his billion-dollar real estate business. The report said the Trump family used “sham” corporations to disguise gifts from the father to his children over the years and routinely undervalued his properties to avoid hefty tax payments.
The newspaper, in a more than 14,000-word report, said Trump received more than $413 million in today’s dollars from the real estate empire his father began.
The president has previously said he parlayed a $1 million loan from his dad, Fred Trump, into his billion-dollar real estate business.
(Excerpt) Read more at nypost.com ...
Haven't seen much about outside of the Times story.
No legs to this story
Anybody feel any nostalgia for the days when the New York Slimes would write all those scurrilous articles about G. W. Bush and how would W would stay above the fray and not lower himself to reply?
Nah, me neither.
What’s a “news paper”?
no legs—
There should be legs...
Donald’s dad went to VERY SMART tax attorneys!!
Don’s dad loved his Family!— how do I provide for them!?
Start giving them money NOW !! legally!
in Trusts! in Salary! In education!
gee... any Demonrat do this?
tax avoidance is your duty.
Isn’t a BIG piece of the Slimes owned by some Mexican billionare? Might explain constant BS about Trump.
Carlos Slim, I believe, sold out half of his holdings. He had a sweet deal on some preferred stock paying him 10%. He knew the times was a losing deal, bit he made some great money off them at the time. He still owns about 6.5%.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.