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struggle4progress

(118,039 posts)
Fri May 12, 2017, 01:37 PM May 2017

Income from Russian sources

Clark Mindock
New York 5 hours ago

... Trump’s tax returns over the last 10 years show “no income of any type from Russian sources,” with a few exceptions, his lawyers have claimed in a letter released by The White House ...

The .. letter did not include his tax returns, so the .. claims couldn’t be independently verified ...

The $95m (£73m) sale in 2008 was for a mansion in Palm Beach, Florida, that Mr Trump bought up during an auction in 2004 for $41.35m (£32m). After buying it, Mr Trump made some minor renovations to the property before putting it back on the market in 2006 with a $125m (£96m) price tag that made even those accustomed to the pricey Palm Beach market do a double take ...


http://www.independent.co.uk/news/world/americas/us-politics/trump-taxes-russia-income-lawyer-denial-few-exceptions-a7732946.html

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Income from Russian sources (Original Post) struggle4progress May 2017 OP
Lawyers provide no documents struggle4progress May 2017 #1
DONALD: "JUST TRUST ME" ... PsychoBabble May 2017 #2
Income From Russians struggle4progress May 2017 #3

struggle4progress

(118,039 posts)
1. Lawyers provide no documents
Fri May 12, 2017, 01:44 PM
May 2017

By Rosalind S. Helderman and Damian Paletta
May 12 at 10:55 AM

The White House .. released a letter from .. tax attorneys for .. Trump claiming that Trump’s only income from Russian sources in the last 10 years came from .. the Miss Universe pageant in Moscow in 2013, his sale of a Palm Beach mansion to a Russian businessman in 2008 and .. routine sales of condo units and golf games to Russians.

The attorneys .. did not .. provide any documents to support their claims.

The letter .. asserted that Trump holds no debt from Russian lenders and holds no equity in Russian entities. They explained that because of the way that Trump operates his businesses, his corporate income and debt would be disclosed on his personal tax returns ...


https://www.washingtonpost.com/politics/trump-lawyers-outline-presidents-russian-income-but-provide-no-documents/2017/05/12/526bc80a-3727-11e7-b412-62beef8121f7_story.html

PsychoBabble

(837 posts)
2. DONALD: "JUST TRUST ME" ...
Fri May 12, 2017, 01:46 PM
May 2017

How many women through time have lived to regret THAT statement from men ...??

To accept it from 45?

Don't think so!

struggle4progress

(118,039 posts)
3. Income From Russians
Fri May 12, 2017, 01:49 PM
May 2017

by Alexis Leondis and Lynnley Browning
May 12, 2017, 11:52 AM EDT
May 12, 2017, 12:57 PM EDT

... In 2008, Donald Trump Jr. told a real estate conference that “Russians make up a pretty disproportionate cross section of a lot of our assets.” And this week, golf writer James Dodson said Eric Trump told him in 2013 that Trump’s golf course developments have not relied on American banks. “We have all the funding we need out of Russia,” Dodson cited Eric Trump as saying. Eric Trump has denied making that remark.

At least one of Trump’s real estate projects, Trump World Tower in New York, became a prominent magnet for funds from Russia and former Soviet states, a Bloomberg investigation found. Many of the sales took place in the late 1990s and early 2000s ...

Kosnitzky said Friday that questions raised from the letter include what kind of due diligence was done to determine that sources of income to Trump weren’t ultimately owned by Russians and what percentage of his borrowing came from private unregulated sources as opposed to traditional financial institutions. Financial institutions generally have to comply with stricter rules about knowing the identities of their customers.

“If someone in Russia is trying to influence you, they don’t have to give you Russian income,” Kosnitzky said. “It could be Argentinian income from a New Zealand trust through a Cyprus entity” ...


https://www.bloomberg.com/politics/articles/2017-05-12/trump-lawyers-say-tax-returns-show-little-income-from-russians

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