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struggle4progress

(118,348 posts)
Tue May 7, 2019, 11:25 PM May 2019

Keeping the tax returns secret is a security risk

By Jonathan Chait

... It’s hardly a mystery why Trump is desperate to keep his tax returns secret. The most innocent narrative they might possibly reveal is that he’s a horrible businessman who relied on handouts from his father ...

Perhaps the most explosive finding in Robert Mueller’s investigation is that Trump was secretly negotiating a building deal in Moscow that promised profits of several hundred million dollars, with no risk. Russia habitually gives out sweetheart deals to its overseas political partners, structured in the form of putatively legitimate investments that disguise simple bribes. George Sorial, the current vice-president of Trump’s businesses, dismisses that deal in a Wall Street Journal op-ed as “a fantasy that no one in the office took seriously.” (Sorial does not explain why, or even mention that, Trump signed a letter of intent for this project if nobody took it seriously.)

What the Times reporting underscores is how utterly vulnerable Trump must have been to an offer like this. The Times information covers only one (very bad) period in Trump’s life, and he did recover by learning how to profit off his image as a successful businessman by renting out his name. Still, there’s little reason to think he stopped being a horrible capitalist. “Year after year,” the Times finds, “Mr. Trump appears to have lost more money than nearly any other individual American taxpayer.”

Keeping Trump’s tax returns private is not like keeping Mitt Romney’s tax returns private. This is a man who was handed hundreds of millions of dollars, flushed it down the toilet, and was desperate to maintain his image of wealth and success. You couldn’t invent a more inviting target for a foreign intelligence service to manipulate ...

http://nymag.com/intelligencer/2019/05/trumps-tax-returns-secret-security-risk-russia.html

"Vlad won't expose me if I go along with him"

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Keeping the tax returns secret is a security risk (Original Post) struggle4progress May 2019 OP
Who is Keeping Trump Afloat & Why? What are They Getting in Return? dlk May 2019 #1
"couldn't invent a more inviting target for a foreign intelligence service..." Beartracks May 2019 #2
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