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Politics : View from the Center and Left

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To: JohnM who wrote (301064)	5/31/2016 10:25:55 AM
From: JohnM	Read Replies (1) of 540709

Mike Allen's newsletter. ----------------------------- FALL CAMPAIGN - "Shady accounting underpins Trump's wealth: The GOP nominee is rich. But how rich depends on odd accounting and subjective criteria," by Morning Money's Ben White in New York: "Trump claims a net worth of more than $10 billion and income of $557 million. But he appears to get there only by over-valuing properties and ignoring his expenses. ... Some financial analysts said this, and a very low tax rate, is why Trump won't release his tax returns. ... And he is selling assets and increasing debt in ways that suggest a man scrambling for ready cash. ... "The Clinton campaign wants to portray Trump's business empire as a Potemkin Village, showy on the surface with little underneath. ... Democrats have leading forensic accountants poring over all of Trump's public records and disclosures with a plan to release whatever they find to support this narrative as the campaign shifts into general election mode this summer and fall." politi.co ... Subscribe to Morning Money politi.co

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