The president’s businesses made themselves appear more profitable to lenders and less profitable to tax officials
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The Big Story
Wed. Oct 16, 2019
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President Donald Trump’s lawyers have gone to court three times to prevent investigators from looking at his tax documents. The legal battle is ongoing and Trump’s financial documents remain walled off, but ProPublica’s Heather Vogell found another way in. She pulled together sets of documents on two Trump Organization properties, the Trump International Hotel and Tower and 40 Wall Street.
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The president’s businesses made themselves appear more profitable to lenders and less profitable to tax officials. One expert calls the differing numbers “versions of fraud.”
by Heather Vogell
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More From This Investigation
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by Jake Pearson
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Opportunity zones are meant to spur new investment in poor areas. But Under Armour’s Kevin Plank is getting a tax break for investments that are not new and not in a poor tract. And Plank’s area was picked over neighborhoods that are actually poor.
by Jeff Ernsthausen and Justin Elliott
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At the Trump Doral outside Miami, payday lenders celebrated the potential death of a rule intended to protect their customers. They couldn’t have done it without President Donald Trump and his latest deregulator, Kathleen Kraninger.
by Anjali Tsui, ProPublica, and Alice Wilder, WNYC
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