NY Times: Trump got $413M from his dad, much from tax dodges

 

October 3, 2018



NEW YORK (AP) — The New York Times reported Tuesday that President Donald Trump received at least $413 million from his father over the decades, much of that through dubious tax dodges, including outright fraud.

The 15,000-word Times report contradicts Trump's portrayal of himself as a self-made billionaire who started with just a $1 million loan from his father.

The Times says Trump and his father, Fred, avoided gift and inheritance taxes by setting up a sham corporation and undervaluing assets to tax authorities. The Times says its report is based on more than 100,000 pages of financial docu...



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