U.S. voters wanted to see Donald Trump’s tax returns since before the election but he refused to do so, and now we know why. The former reality show star claimed that the Trump Organization garnered $9.5 billion in sales last year, but according to new filings, that’s not true at all. Trump’s business is worth $600-$700 million. That amounts to less than 1/10th of what President Liar Pants claimed.
Trump’s family business fell a whopping 37 places in the rankings of the largest privately held companies in New York.
But this year the family business has fallen from number three to number 40 after Trump disclosed the organization’s revenue to federal regulators. What does this all mean? It means Trump lied to appear to be more wealthy than he really is — because he’s such a deeply insecure individual.
The Independent reports:
The Crain’s reporter who covered the story suggested to WYNC that he felt he had been misled following the revelation.
‘It was obviously important to Donald to have his company at the top of the list and I don’t know why he felt that way but the numbers that he presented are just flagrantly untrue,’ Aaron Elstein said.”
Trump’s suggested on several occasions that he would release his tax returns, but his refusal to do so now is one of the longest-running scams of his short but scandalous political career.
Trump has used his presidency for profit to enhance his brand, such as his golf clubs, hotels, and the like. But the former reality show star’s poll numbers have taken a beating. As of now, his approval rating is in the 30s, marking him as the most unpopular president in the history of polling at this stage of his ‘presidency.’
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