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Russ Buettner @russbuettner
, 4 tweets, 1 min read Read on Twitter
He talks down his dad’s wealth,
but President Trump repeatedly engaged tax schemes and sham transactions to grab his father’s fortune. Act I... nytimes.com/interactive/20…
All County Building & Supply - a shell corporation that padded invoices to Fred Trump buildings by 20%.
Dad and his employees negotiated the prices. But through All County, his grown kids split the pad, yielding millions a year.
They did no work, but dodged the 55 percent gift tax. All while DJT pitched himself as making a comeback on his own in the 90s.
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