Trump's company earned $40M from Washington hotel in 2017, disclosure shows

[DonViejo]

Source: USA Today




Steve Reilly and Nick Penzenstadler, USA TODAY Published 5:50 p.m. ET May 16, 2018 | Updated 7:59 a.m. ET May 17, 2018

The president's income from his company's hotel in Washington, D.C. topped $40 million last year, according to a copy of his annual financial disclosure report released on Wednesday, making the property a clear winner among a portfolio which showed mixed results.

The Trump International Hotel, located less than one mile from the White House, has emerged a favorite of the Washington power players, including lobbyists and interest groups since its opening in October 2016.

President Trump earned $40.4 million from the hotel in the 2017 calendar year, according to the disclosure released Wednesday. Last year's financial disclosure report, which covered January 2016 to mid-April 2017 indicated President Trump earned $19.7 million from the hotel over that period.

The Washington hotel's revenue in 2017 included more than $350,000 in campaign funds, according to a USA TODAY analysis of campaign finance data. More than 60% of that came from events hosted by the Republican National Committee.

Read more: https://www.usatoday.com/story/news/2018/05/16/trumps-dc-hotel-earns-his-company-40-m-during-first-year-office/616833002/

[heaven05]

1. I want his

goddamn TAX RETURNS!!!!!!!!!!!! This useless POS potus is about making lots of money on the fact he is our fucked up potus.

[bluestarone]

2. Something wrong with this bullshit!!!!!!!!!!!

The fucking REPUBS are worthless!!!!!!!!!!!!!!!!!!!!! Obama doing the same, would have been crucified!!!!!!!!!!!

[Me.]

3. How Much Went To Charity?

[SergeStorms]

11. HA!

Good one! Donald Trump and charity in the same sentence! What a marvelous sense of humor you have.

[JustABozoOnThisBus]

14. Probably a lot went to charity.

The Donald J Trump Charitable Foundation, perhaps. From which, 1% goes to actual charity, 99% to administration and fundraising.

He may have had to close down that charity. So he'll give bigly to the Donald J Trump Junior Charitable Foundation.

[Crutchez_CuiBono]

4. I read where he

supposedly donated 150k(?) of his profits to the treasury. I guess to 'keep a promise to return all profits to the treasury." He's WAY short.

[SergeStorms]

12. I think he was....

going to "donate" his salary as "president" back to the Treasury. Is he actually living up to that pledge? I'd be floored if he is.

[Crutchez_CuiBono]

13. AND

Last edited Thu May 17, 2018, 07:53 PM - Edit history (1)

supposedly to avoid the Emoliments Clause his profits from a hotel that caters to diplomats and foreign guests who have business dealings w the pres. (typo?)

[barbtries]

5. Isn't this

Last edited Thu May 17, 2018, 04:52 PM - Edit history (1)

prohibited by the Constitution? the man's been committing impeachable offenses since day 1, and the evidence that they are providing quid pro quo is growing. the country is slipping into darkness. fucking republicans i hate them so much aaaaargh

[iluvtennis]

9. Emoluments clauses are being/have been broken and yet GOP thugs do nothing

[Crutchez_CuiBono]

15. There's way more of us than them.

When they see mass demonstrations (peacible of course) the gop tends to come around some. They like money but they crave popularity as well.

[nature-lover]

6. Let him keep it uncontested as his retirement package if he goes quietly. Now

[dalton99a]

7. Imagine "Clinton's company earned $40M from Washington business in 2017, disclosure shows"

[Paladin]

8. No other president could get away with this.

I guess the emoluments provision of the U.S. Constitution is as dead as the rest of that once-sacred document, under trump.

When are we going to get angry enough about things to take some action?

[dalton99a]

10. +1. Republicans are shitting on the Constitution

and everything America is about