TV News LIES

Tuesday, May 06th

Last update07:45:41 AM GMT

You are here News Politics Donald Trump has thrived with government's generosity

Donald Trump has thrived with government's generosity

E-mail Print PDF

Donald TrumpDonald Trump, the developer and would-be presidential candidate, portrays himself as a swashbuckling entrepreneur, shrewder and tougher than any politician, who would use his billionaire's skills to restore discipline to the federal government.

In his disdain of big government, however, Trump glances over an expensive irony: He built his empire in part through government largesse and connections.

From his first high-profile project in New York City in the 1970s to his recent campaigns to reduce taxes on property he owns around the country, Trump has displayed a consistent pattern. He courted public officials, sought their backing for government tax breaks under extraordinarily beneficial terms and fought any resistance to deals he negotiated.

He has boasted of manipulating government agencies, misleading officials in one case into believing he had an exclusive agreement to develop a property and then retroactively changing the development's accounting practices to shrink his tax bill. In New York, Trump was the first developer to receive a public subsidy for commercial projects under programs initially reserved for improving slum neighborhoods. Such incentives have now become the norm in the powerful New York real estate community.

Karen Burstein, a former auditor general of New York City, reviewed a major Trump project in the 1980s and concluded he had "cheated" the city out of nearly $2.9 million. Decades later, Burstein said she was still appalled at the way Trump operated.

More...


Most Recent Related Stories...


Michigan AG drops all charges against seven pro-Palestinian protesters

Dana Nessel Michigan’s attorney general, Dana Nessel, announced on Monday that she was dropping all charges against seven...

GOP Rep. Mike Lawler's Town Hall Devolves Into Chants Of 'Shame! Shame! Shame!'

LawlerFrustrated voters turned out Sunday to voice their complaints against President Donald Trump’s administration during Republican...

Trump blocks grant funding for Harvard until it meets president’s demands

Ttrump blocks Harvard grants The US Department of Education informed Harvard University on Monday that it was ending billions of...

NYU Demands Law Students Renounce Protests or Be Barred From Sitting Final Exams

NYU LawNew York University School of Law barred 31 pro-Palestine law school students from campus facilities and...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!