The Billionaire
Thinking about yesterday’s NYT article on Trump’s taxes, it appears that not only is Trump not a billionaire, he’s hardly even a businessman. He has two enterprises – his image as a businessman, and cheating on taxes.
He doesn’t own the assets that make him appear wealthy, his businesses do. He doesn’t buy his haircuts or dinners, he invests in businesses that take a loss on them.
He’s hardly even a millionaire, given that his assets mainly exist to pay his personal expenses and his profits almost zero out.
On the whole the Trump Organization is a grift. It is a fake, an illusion, a con.
Source: https://some.gonze.com/2020/09/28/the-billionaire/
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