The Dumpster's tax filings show foreign income from more than a dozen countries
While The Dumpster surrendered day-to-day control of his business empire, he kept ownership. During his 4 years term in the Oval Office. If this is not CONFLICT OF INTEREST, what is?
The Dumpster's tax returns show that the pig 🐖 received income from more than a dozen countries during his time in office, highlighting a string of potential conflicts of interest.
The Dumpster's returns, which were finally and in full made public by House Democrats last Friday after a lengthy legal fight, disclosed income from 2015 to 2020 from a wide range of foreign countries, including Canada, Panama, the Caribbean island of Saint Martin, the Philippines, the United Arab Emirates, and the United Kingdom, among many others.
While the documents did not provide details on the money flows, The Dumpster owns golf courses in Scotland and Ireland, and his name has adorned luxury hotels from Panama to Canada.
This Head Rat (RatpubliKKKan) was known for fusing his business interests with America’s highest public office, drawing allegations of using his role to promote his private resorts, direct federal money to his hotels and encourage foreign governments to spend money that would directly benefit the The Dumpster's family interests.
The Dumpster's far-flung business concerns, foreign and domestic, are nested in more than 400 separate business entities.
A 2019 report by the watchdog group OpenSecrets said he had more than $130 million in assets in more than 30 countries.
The six years of tax returns disclosed Friday show that The Dumpster received extensive income from Canada, Ireland, and the United Kingdom — including gross business income of at least $35.3 million from Canada in 2017, the year he entered office.
That year, The Dumpster's also brought in $6.5 million from China, $5.8 million from Indonesia and $5.7 million from India.
By 2020, his last full year in office, The Dumpster reported $8.8 million in income from the U.K. and another $3.9 million in Ireland.
It’s not a surprise that The Dumpster continued to receive money from foreign interests while he was president, since he kept ownership of the company.
The Dumpster's adult sons, Donald Jr. and Eric, ran the company while their father was president.
The Dumpster pledged his company wouldn’t enter into any new foreign deals while he was president.
But news organizations reported wide-scale inconsistencies between that pledge and the The Dumpster's family’s business activities abroad, including embarking on expansions at some existing properties.
In September 2019, for instance, Eric Dumpster announced on Twitter “we received full & total approval for a new phase of development,” including 500 homes and a second golf course, at their property in Scotland.
In addition, state-owned companies in China, Saudi Arabia, and South Korea constructed The Dumpster's resorts while other countries built roads and donated public land for new developments.
At the same time, previous leaks of the pig's 🐖 tax returns to The New York Times and required annual disclosure forms, also showed that the The Dumpster's family had ties to more autocratic countries, including Qatar, Saudi Arabia, and Turkey.
■ ■ ■ ■
MORE :
● https://www.opensecrets.org/news/2019/06/trump-foreign-business-interests/
● https://www.politico.com/news/2020/01/20/trump-businesses-empire-tied-presidency-100496
● https://www.citizensforethics.org/reports-investigations/crew-reports/president-trumps-3400-conflicts-of-interest/
● https://www.forbes.com/sites/danalexander/2021/07/19/trumps-business-hauled-in-24-billion-during-four-years-he-served-as-president/
● https://www.cjr.org/special_report/trumped-up-press-versus-president-part-1.php
● https://msutoday.msu.edu/news/2021/trump-business-partners
How Trump-connected companies profited from his presidency
