NYT uncovers Trump family tax schemes

Listen 48:55
A photograph of Fred Trump on display in the Oval Office.

A photograph of Fred Trump on display in the Oval Office.

Guests: Russell Buetner, Jennifer Bird-Pollan

Donald Trump has long-bragged about being a self-made billionaire but a recent New York Times investigation into the Trump’s and his father’s business empire dispute that claim. According to the reporting, Trump received today’s equivalent of $400 million from his father, Fred Trump, over his lifetime. The Trump family business also employed dodgy tax practices over the years, avoiding some $550 million in taxes. New York Times investigative reporter RUSS BUETTNER fills us in on the questionable ways that Fred Trump, and then Donald, grew their wealth. And JENNIFER BIRD-POLLAN, an expert on wealth transfer taxation and professor of law at the University of Kentucky, explains which Trump family schemes are legal, which are suspect, and which look like tax evasion.

Want a digest of WHYY’s programs, events & stories? Sign up for our weekly newsletter.

Help us get to 100% of our membership goal to support the reporters covering our region, the producers bringing you great local programs and the educators who teach all our children.