ProPublica Sees Conflicting Figures in Trump Tax Records

Relating to two Trump Organization properties in NYC
By Newser Editors,  Newser Staff
Posted Oct 16, 2019 12:19 PM CDT
In this Friday, Oct. 4, 2019 file photo, President Donald Trump speaks during the Young Black Leadership Summit at the White House in Washington.   (AP Photo/Carolyn Kaster, File)

(Newser) – Tax records relating to President Trump's businesses are notoriously tough to access—but ProPublica managed to get its hands on some and sees "major inconsistencies." As Heather Vogell writes, ProPublica obtained property tax documents for four of the Trump Organization's NYC properties (they were public because Trump appealed their associated tax bills) and compared them with loan documents (these were public because they were refinanced in 2015 and 2016, and the lender sold the debt on them). Of the four, 40 Wall Street and the Trump International Hotel and Tower had head-scratching discrepancies between the tax and loan documents, the upshot of which is that the buildings looked rosier to the lender and less successful to property tax officials.

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