did trump steer a million into his own pocket
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Four months after fundraiser, Trump says he gave $1 million to veterans group Trump, now the presumptive Republican presidential nominee, organized a nationally televised fundraiser for veterans’ causes in Des Moines on Jan. 28. That night, Trump said he had raised $6 million, including the gift from his own pocket. “Donald Trump gave $1 million,” he said then. As recently as last week, Trump’s campaign manager had insisted that the mogul had already given that money away.
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Donald Trump Reportedly Used Campaign Donations to Pay Himself $8.2 Million According to the report, the money has gone toward paying his office’s rent in his own building ($1.3 million), paying for food and facilities at his own properties ($544,000), and even his own corporate staffers ($333,000) who perform campaign-related functions, such as his personal head of security.
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Trump is the Third American President to Give Up His Salary. Hereâs What the Other Two Did With Theirs. — Donald J. Trump (@realDonaldTrump) September 21, 2015. With a 3.7 billion dollar net worth according to a Forbes investigation, he is by far the wealthiest man to ever take office. However, there are two other Presidents who chose to forgo the salary of the office.
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Why Donald Trump Needs to Take a Salary In other words, Trump and his team—if he accepts only $1—already have a convenient narrative that he is too rich, or too selfless, to be corrupt. Guarding against that corruption means defusing that narrative before it takes hold. That, in turn, means that you should want Donald Trump to get his $400,000. He’s still free to donate it all to charity, as two of his predecessors have done. But he should take our money all the same, just like every president from Washington on.
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- “If you believe recycling is good for the planet and that we need to do more of it, then there’s a crisis to confront,” says David P. Steiner, the chief executive officer of Waste Management, the largest recycler of household trash in the United States.
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Is Donald Trump self-funding his campaign? Sort of The group also received a $100,000 donation from the in-laws of Trump’s daughter Ivanka. The PAC shut down in October following allegations that it coordinated with Trump’s campaign. Big asterisks. It’s worth noting a couple more caveats. First, Trump’s self-financing only really picked up in the last three months of 2015.
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Donald Trump's Fortune Falls $800 Million To $3.7 Billion Trump’s father, Fred, amassed a portfolio of 20,000 Brooklyn and Queens apartments worth hundreds of millions at one point. But Donald was more interested in Manhattan. Over time the family sold most of the outer-borough holdings.
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Donald Trump's Many Business Failures, Explained Huge corporate failures are the stuff of headlines, but Trump’s mistakes in business have included plenty of small deals as well. In 2008, he defaulted on a $640 million construction loan for Trump International Hotel & Tower in Chicago, and the primary lender, Deutsche Bank, sued him.
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Confessions of a Trump Fact-Checker But Trump doesn’t make such specifications. Except, this time, he did. “We have nearly an $800 billion annual trade deficit, in goods, with the rest of the world,” he said. You didn’t notice? You don’t care about this tiny technical thing? I’m still claiming it as a victory. When you’re fact-checking Donald Trump, you take what you can get.
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'I won't take even one dollar': Donald Trump has said he will NOT accept the $400,000 president's salary Trump answered: 'As far as the salary is concerned — I won't take even one dollar. I am totally giving up my salary if I become president. In the same video, Trump said he was 'totally self-funding' his campaign and said that he 'won't take money other than the small stuff'.
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Exposing How Donald Trump Really Made His Fortune: Inheritance from Dad and the Government's Protection Mostly Did the Trick In March 2011 Forbes estimated Donald Trump's net worth to be $2.7 billion, with a $60 million salary. Many praise and analyze his “success” as if it were self-made, and they fail to attribute the proper credit to others in society where it is deserved.n 1974 Donald Trump became president of his father’s organization. During the 15 years following his ascension, he expanded and innovated the corporation, buying and branding buildings, golf courses, hotels, casinos, and other recreational facilities.
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- Bloomberg's Caleb Melby reports on the true worth of Donald Trump. Melby reports on “Market Makers.” (Source: Bloomberg) Most Recent Videos. 05:20 - The U.S. is said to plan to restrict passengers from carrying most electronic devices on U.S.-bound flights from about a dozen countries, Reuters says in tweet, citing an unidentified official.
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Donald Trump has spent only $2 million on his entire campaign. Thatâs brilliant. And, to his credit, he's acknowledged as much. Trump told the New York Times last month that he had planned to spend $15 million on campaign ads over the summer but decided not to since he was getting wall-to-wall media coverage without spending a dime.
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Trump's lean campaign machine relying mostly on donor cash, not his own Trump's lean campaign machine relying mostly on donor cash, not his own. Donald Trump is running a relatively lean campaign machine and, despite pledges to self-fund, so far has been able to rely more on outside donations than his own deep pockets. Campaign finance filings this week offered a glimpse into how the billionaire businessman is running his breaking-the-mold campaign.
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Donald Trump got only 8 words into his campaign before we found a seriously questionable fact Regardless of whether Trump's personal wealth stands at $10 billion or $8 billion, his claims about his fortune far exceed what was previously believed about his wealth. As of last month, Forbes estimated Trump's net worth at $4.1 billion.
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Donald Trump outspends rivals on private jets during presidential campaign By Nick Allen, Washington. 7:43PM BST 07 Sep 2015. Donald Trump has already spent more than $500,000 (£330,000) on private air travel, nearly three times as much as Hillary Clinton, during the US presidential election campaign.
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The Trump resistance movement builds Not surprisingly, many are trying to use their wallet to punish Donald Trump, his business empire, his children's business interests, as well as any businesses that supported the Republican candidate's campaign. Others have turned to street protests, or targeted campaigns to influence elected officials.
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Donald Trump's Plans Would Add $5.3 Trillion to the National Debt According to an analysis by the Committee for a Responsible Federal Budget, Trump's plans would contribute $5.3 trillion dollars to the national debt. Democratic presidential candidate Hillary Clinton's plans, by comparison, would only increase the debt by $200 billion.
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The Lawsuits of Donald Trump In January 2006, Trump filed a $5 billion lawsuit against author Timothy O'Brien and his publisher for understating Trump's wealth. In his book Trump Nation, O'Brien reported that three people close to Trump had estimated his worth at between $150 and $250 million.
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Donald Trumpâs Campaign, Billed as Self-Funded, Risks Little of His Fortune Virtually all of the money Mr. Trump himself has put into the campaign was lent, rather than donated outright, meaning that he could potentially sell enough hats and T-shirts to pay himself back down the road.
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Donald Trump refuses to say whether he has donated any of his presidential salary after promising not to touch a single dollar of it Donald Trump refuses to say whether he has donated any of his presidential salary after promising not to touch a single dollar of it. The mogul pledged not to take his presidential salary in November interview. Pledge goes as far back as 2015, when he said he would 'totally' give it up.
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Trump Administration Vows 'Biggest Tax Cut,' 'Largest' Overhaul In History Experts predicted during the campaign that Trump's various iterations of his tax plan would blow a hole of trillions of dollars in the budget, even bigger than the Bush tax cuts. That was true even using dynamic scoring, which takes growth into account.
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Forgiving Campaign Loans, Trump Fulfills His Pledge to Self-Fund Primary It also sheds light on Trump's total spending to date, showing he spent a total of $50 million of his own money on the campaign, including $2 million of new personal spending in June, structured as a contribution. Related: After Saying He Forgave Loans to Campaign, Trump Won't Release Proof.
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Donald Trump refuses to say whether he has donated any of his presidential salary after promising not to touch a single dollar of it Donald Trump refuses to say whether he has donated any of his presidential salary after promising not to touch a single dollar of it. President Donald Trump is refusing to say whether he has donated any part of his presidential salary after pledging not to touch a single dollar of it, a report stated Sunday. The mogul announced in his first interview as president-elect in November that he wouldn't take the $400,000 annual salary reserved for the commander-in-chief.
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- Trump has stated that it is wrong that as a rich person he can have more influence than people without money. He has called Jeb Bush a puppet, and said the system of US campaign finance, since the slim majority Supreme Court decision in Buckley v Valeo, is a disgrace.
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- Related: Trump Threatens to Self-Fund Campaign. During the primary, Trump spent just $63 million, according to the latest FEC reports -- $43 million of his own money and another $20 million from donors -- but he insists the campaign will have no problem raising the money needed for the general, even after they ended May with a low coffer balance.