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Richard Rubin @RichardRubinDC
, 5 tweets, 2 min read Read on Twitter
One thing that stood out to me in the Trump disclosure: He's making money from entities formed since the inauguration.
wsj.com/articles/trump… via @WSJ
As an example, consider T Retail LLC, described as an online retail startup of some sort created in May 2017 in Delaware. I couldn't quite trace the ownership of it, but he's reporting sales/income from it.
Or Westminster Hotel Management LLC, also seemingly created in 2017. In that one, you can use the financial disclosures to trace the majority ownership back to the president's main trust.
Westminster seems to be the NJ hotel management operation referenced in this @JesseDrucker et al story: nytimes.com/2018/03/10/bus…
Not sure what to make of it, but thought it's worth noting that he isn't just making $$$ from deals he started in private sector, but from new stuff Trump Org is working on today, however involved he is or isn't in the decisions.
Ok. Back to taxes. /End.
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