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Trump's Unexplained $50 Million Loan. Is It Tax Fraud?

Trump's Unexplained $50 Million Loan. Is It Tax Fraud?

FromThe Mother Jones Podcast


Trump's Unexplained $50 Million Loan. Is It Tax Fraud?

FromThe Mother Jones Podcast

ratings:
Length:
21 minutes
Released:
Oct 2, 2019
Format:
Podcast episode

Description

Donald Trump’s massive debts—he owes hundreds of millions of dollars—are the subject of continuous congressional and journalistic scrutiny. But for years, one Trump loan has been particularly mystifying: a debt of more than $50 million that Trump claims he owes to one of his own companies. According to tax and financial experts, the loan, which Trump has never fully explained, might be part of a controversial tax avoidance scheme known as debt parking. Yet a Mother Jones investigation has uncovered information that raises questions about the very existence of this loan, presenting the possibility that this debt was concocted as a ploy to evade income taxes—a move that could constitute tax fraud. On today's show, host Jamilah King interviews Mother Jones investigative reporter Russ Choma about his dogged Trumpworld financial reporting, and the fresh questions it raises about Trump's debt.
Released:
Oct 2, 2019
Format:
Podcast episode

Titles in the series (100)

Each episode will go deep on a big story you’ll definitely want to hear more about. We’ll share with you our best investigations (think private prisons, electoral skullduggery, Dark Money, and Trump's Russia connections), and informative interviews with our reporters and newsmakers. We're hoping to make your week more informed with the stories that really matter, told by us, the folks you trust for smart, fearless reporting.