Dear DNC Member,
See below for an update from the DNC War Room.
Democratic National Committee
Trump Revealed As A Fraud -- What Else Is He Hiding?
The New York Times obtained some of Trump’s tax information from 1985 to 1994, which shows Trump’s businesses and personal wealth in far worse-off condition than previously known.
Trump is still having his administration violate the law to keep his tax returns secret. So what else is Trump trying to hide?
Trump’s tax returns revealed that he is not a successful businessman -- he is a “con artist,” a “phony” and a “loser.”
MSNBC’s Chris Hayes: “He's got to be, quite literally, the most successful con artist of all time, right? Who comes close?”
Daily Beast’s Sam Stein: “Trump spent years insinuating then insisting, then even trying to prove that the biographical foundation of Obama’s political career was a hoax. In the end, it was Trump’s own biography that was painfully phony.”
MSNBC’s Mika Brzezinski: “The biggest loser!!!!”
One of Trump’s campaign pitches was that he would run the country like one of his businesses.
Trump: “I am an international businessman with worldwide relationships and tremendous success and I'm going to do for the country what I did for my business.”
Trump: "And if we could run our country the way I've run my company, we would have a country that you would be so proud of. You would even be proud of it."
Well, we now know that Trump lost more than one billion dollars over a decade -- more than nearly any other individual taxpayer.
New York Times: “In fact, year after year, Mr. Trump appears to have lost more money than nearly any other individual American taxpayer, The Times found when it compared his results with detailed information the I.R.S. compiles on an annual sampling of high-income earners.”
While Americans are required to pay their taxes, Trump engaged in tax schemes and fraud that allowed him to pay no income tax for eight years.
New York Times: “Over all, Mr. Trump lost so much money that he was able to avoid paying income taxes for eight of the 10 years.”
New York Times: “The state attorney general is also examining issues raised last year by The Times’s investigation, which revealed that much of the money Mr. Trump had received from his father came from his participation in dubious tax schemes, including instances of outright fraud.”