32 min listen
Trump's Unexplained $50 Million Loan. Is It Tax Fraud?
Trump's Unexplained $50 Million Loan. Is It Tax Fraud?
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)
It’s Finally Time to Talk About the Polls: It’s Finally Time to Talk About the Polls by The Mother Jones Podcast