Posted on 05/17/2016 2:51:25 PM PDT by jazusamo
Donald Trump claimed a net worth of more than $10 billion in a Personal Financial Disclosure (PFD) form filed with the federal government on Tuesday, his campaign said in a statement.
Trump said he filed the report on Monday. As of this writing, the report was not available for review on the Federal Election Commission website.
In a statement, Trump took a swipe at Democratic presidential candidate Bernie Sanders
, who has requested an extension to file his own disclosure form.
“I filed my PFD, which I am proud to say is the largest in the history of the FEC,” Trump said.
“Despite the fact that I am allowed extensions, I have again filed my report, which is 104 pages, on time. Bernie Sanders has requested, on the other hand, an extension for his small report. This is the difference between a businessman and the all talk, no action politicians that have failed the American people for far too long.”
Trump filed the same document last July, surprising many critics by taking the final step in becoming an official candidate for president.
Still, Trump has so far declined to release any tax returns, something every major party nominee has done in the modern era. Tax returns are more detailed than the PFDs and include information not on the disclosure form.
Trump says he’s being audited by the Internal Revenue Service and has been advised by his legal counsel not to release his returns until the government finishes its review, although the IRS has said he is free to release them.
Trump’s critics claim he’s either hiding shady business practices or isn’t as wealthy as he claims.
The newly filed PFD form says that Trump’s revenue leapt from $362 million in 2014 to $557 million in 2015 – an increase of nearly $200 million. The figure does not include dividends, interest, capital gains, rent or royalties.
“This income was utilized, among other things, for the funding of construction projects at various multi-million dollar developments, reduction of debt and the funding of the campaign,” the campaign said.
Trump has already spent an estimated $36 million of his own money to fund his primary campaign.
The likely GOP nominee says his net worth has also increased, and is now “in excess” of $10 billion.
Go Trump Go!
"Trump claims net worth of more than $10 billion..."
Being one who regularly visits Columbus Circle in Manhattan (at the southwest corner of Central Park),when I see that huge hotel/condo complex called Trump Tower it’s easy to believe that he’s worth 10 billion.
Trump says he’s being audited by the Internal Revenue Service and has been advised by his legal counsel not to release his returns until the government finishes its review, although the IRS has said he is free to release them.
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Who you gonna trust, your own lawyer or the I.R.S.?
“Trump claims net worth of more than $10 billion...”
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And he didn’t steal a dime of it, quite unlike the Clinton Crime Syndicate.
Well said! The smug weasel Koskinen is living proof.
And on the other side of Central Park is the 68 story Trump Tower on Park Avenue where Trump’s private residence is the entire top three floors. His campaign HQ is based out of there too.
I can’t remember another presidential candidate who was so up front about his net worth and so proud of what he has accomplished.
While Trump was running for Pres. in the last 11 months, Trump was making about $46 million per month.
What did Trump spend in personal spending on his campaign... about$40 million dollars? LoL. He didn't lose anything from where he started in worth.
One of many
http://www.trump.com/real-estate-portfolio/
He is not telling the entire story
His grandmother was widowed with three young children. Fred his father was 11. John the inventor of Radar and medical radiation. Was a toddler
To put food on the table she flipped houses. She sent young Fred to trade school to learn plumbing , electricity and building skills. She bought the properties while all through high school he provided the labor and skill to fix them up !
From poor widow to $10 billionare in three generations. The American Dream on Steroids
“The newly filed PFD form says that Trump’s revenue leapt from $362 million in 2014 to $557 million in 2015”
What else do people need to know?
I don’t get the obsession with the tax returns.
Bump!
“Trump’s critics claim he’s either hiding shady business practices or isn’t as wealthy as he claims.”
His critics are idiots then. Net worth does not show up in a tax return. Neither does shady practices since the IRS audit he goes through yearly would find anything not following the law.
“I can’t remember another presidential candidate who was so up front about his net worth and so proud of what he has accomplished.”
He’s making being successful cool again.
Exactly! His critics are grasping at straws and the closer we get to the election the more desperate they’ll get.
Well, that’s gonna chap Mitt.
He’s a winner.
“The figure does not include dividends, interest, capital gains, rent or royalties.”
This could up the total significantly. I think China alone pays him millions in rent.
His wealth will be used against, to stir up the gibsmedats. They are starting to stray from the plantation, and the Dems need to whip them back into the ghetto voting booths...
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