Following Trump’s money exposes the awful truth: Our president is a ‘financial vampire’
Americans were confronted Tuesday with a profound problem, one that challenges our commitment to accountable democratic government and justice. It is an awful truth that we must face now that the New York Times has published a richly documented, 14,000-word expose alleging decades of deeply corrupt Trump family finances.
After 18 months of interviewing people who worked for or with the Trump family and scrutinizing more than 100,000 documents, the newspaper painted a portrait “unprecedented in scope and precision” of Trump family money, including “outright fraud” that enriched the man who is now the sitting president. Those extraordinary words require us to pay close attention.
Leaked financial records reveal decades of calculated tax cheating, according to the New York Times. Father Fred Trump created 295 revenue streams to transfer money to his children, many of which appear to have broken laws. A lawyer for the president claims the published allegations are false and the reporting “extremely inaccurate,” but the reporters cite bank statements, canceled checks, invoices and tax filings that reveal the apparent evasion of close to half a billion dollars of taxes in today’s money.