TRUMP FAMILYTRUMP TAXES/TRUMP AS PRESIDENT: “President Donald Trump helped ‘his parents dodge taxes’ in the 1990s, including ‘instances of outright fraud’ that allowed him to amass a fortune from them, according to an analysis Tuesday [10-2-18] from The New York Times. Trump received at least $413 million in today’s dollars from his father’s real estate empire, starting at the age of 3. The President and his siblings helped his parents build their wealth by hiding millions of dollars in gifts in a ‘sham corporation,’ according to the Times. The President assisted his father in taking ‘improper tax deductions worth millions more.’ He also helped to ‘formulate a strategy’ for his parents to undervalue their real estate holdings on their tax returns to reduce their tax bill, according to records reviewed by the Times. Over a months-long investigation, the Times reviewed more than 100,000 pages of financial documents — bank statements, financial audits, cash disbursement reports and canceled checks. They included more than 200 tax returns from Fred C. Trump, the President’s father, and other family partnerships and trusts. The Times also interviewed some of the President’s father’s former employees and advisers.”
–Donna Borak and Sophie Tatum, “New York Times investigation: Trump helped his parents evade taxes, ‘including instances of outright fraud’,” CNN Politics, CNN.com, October 2, 2018 9:32 pm