A clearer picture is forming of why Donald Trump still hasn’t released his tax returns. It turns out he is not the billionaire he has claimed to be.
Today’s Independent has reported that: “While the Trump Organization claimed $9.5bn (£7.2bn) in sales last year, Mr Trump’s public filings suggest revenues of less than a tenth of that amount, between $600m (£450m) and $700m (£530m).”
These new revelations have knocked the Trump Organization down from the number three spot on the Crain’s list of the wealthiest privately-held companies to number forty.
It stands to reason that the Blusterer-in-Chief would not want anyone to know that he isn’t a billionaire, since he ran on the premise that as a billionaire, he had the business acumen to turn around America’s economy (despite the fact that it was growing under Obama).
Half of the American electorate bought Don’s con, even though it was public knowledge that he had sustained four bankruptcies.
His own son, Donald Trump Jr., has said that the Trump Organization did the most part of its business with Russia.
A man who refuses to criticize Putin and clearly hates serving as President, but owes Russia hundreds of millions of dollars, isn’t in fact a billionaire, and won’t show his tax returns, has a lot of explaining to do.
Hopefully, soon, Special Prosecutor Mueller, who runs the investigation into the Trump campaign’s collusion with Russia, will give him that chance.