TRUMP BUSINESS/TRUMP TAXES: Donald Trump: “And just so you understand, when you have a lot of real estate, I have real estate, you know a lot of it. Okay? Right down the road, Doral, big stuff, great stuff. When I decided to run, I’m very underlevered, fortunately, but I’m very underlevered. I have a very, very small percentage of debt compared.
In fact, some of it, I did as favors to institutions that wanted to loan me money. $400 million compared to the assets that I have, all of these great properties all over the world…”
Savannah Guthrie: “Well, do I hear you right? It sounds like you’re saying $400 million isn’t that much. But are you confirming that, yes, you do owe some $400 million?”
Trump: “What I’m saying is that it’s a tiny percentage of my net worth.”
-Donald Trump and Savannah Guthrie via CNBC Television, “NBC News hosts town hall with President Trump — 10/15/2020,” YouTube.com, Oct. 15, 2020