WASHINGTON - President Donald Trump's tax records show signs of financial distress, he claims to have lost out on billions of dollars in income while in office and his eldest sons say the family business has forfeited dozens of potential deals across the globe.
The President put out a statement disputing the outcome of the election, indicating that he did not believe he had lost. Still, the presidency took a toll on the privately owned family business, which has not closed a new hotel deal since Mr Trump entered the White House. It would even maintain a Chinese bank account and keep an inactive office in Shanghai during the presidency.No longer constrained by its self-imposed ethics plan, the Trump Organisation is now expected to seek hotel deals and other business, according to several people close to the company.
TRUMP MAY BEGIN SELLING HIS NAME AGAIN The fastest way for the Trump Organisation to raise money is to flip the switch on its international deal machine, licensing the Trump name to real estate projects like hotels and residential towers. The Manhattan district attorney's office is investigating Mr Trump and his company for an array of potential financial crimes and is seeking his tax returns.
The examinations made it difficult for some to pass muster, while others were scared off by the public attention.And with more than US$300 million in debt coming due that the President has personally guaranteed, there may be some urgency for the Trump Organisation to line up new deals. As President, Mr Trump has tried to fill the gap, at least in part, through events booked at his properties by groups connected to him and Republican politics.It is unclear if that patronage will continue, or if Mr Trump's detractors will return to his properties once he leaves office.
Jail is what awaits him and a plethora of lawsuits starting with a class action civil lawsuit for manslaughter and negligence on his mismanagement of COVID which his cold blooded ignorance caused the death of over 230.000 Americans.
Yea...family business with PRC & CCP through Ivanka...unlimited opportunities...😷
46th US presidency a fraud