Log in Subscribe

President Mike? That's Rich, Based on Record

By RICHARD STEIER
Posted 10/15/18

As the Red Sox expanded their lead against the Yankees in the third game of their playoff series Oct. 8, our conversation turned to less-weighty matters and Wally the Ex-Firefighter said, “That story in The Times about Trump’s money sure disappeared in a hurry.”

He was talking about the lengthy exploration of how Donald Trump’s wealth multiplied for much of his life, beginning at age 3, not because of his financial genius but due to his father Fred’s maneuverings to take care of his favorite son while at the same time shielding from both income and inheritance taxes much of the real-estate fortune he amassed.

This item is available in full to subscribers.

Please log in to continue

Log in