Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

Wednesday, October 17, 2018

Dissecting Trump’s Inheritance and Tax History

Trump2New York Times reporter Susanne Craig was one of the authors of the 14,000 word expose of President Donald Trump's supposed $413 million inherited fortune and alleged tax evasion. She explains that she is disappointed that the story did not stay in the national spotlight for very long, but that she expects the investigative work the Times put in to play a role in his upcoming bid for reelection.

“We were able to get hundreds of thousands of tax returns, tens of thousands of pages of financial documents,” she said. “And that quest that lasted a year-plus allowed us to attack the foundational lie that Donald Trump is a self-made billionaire.”

POLITICO’s Jack Shafer also had a say on why the story did not dominate headlines. “It’s just that, for want of a better word, it just was not a sexy topic. There are no mistress payoffs. There are no stolen elections. What you have is just a fundamental accountant’s fantasy.”

See Ben White, Dissecting Trump’s Inheritance and Tax History, Politico, October 17, 2018.

Special thanks to Joel C. Dobris (Professor of Law, UC Davis School of Law) for bringing this article to my attention.

https://lawprofessors.typepad.com/trusts_estates_prof/2018/10/dissecting-trumps-inheritance-and-tax-history.html

Current Events, Estate Planning - Generally, Income Tax | Permalink

Comments

Post a comment