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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump Has Now Shifted $1.7 Million From Campaign Donors To His Private Business
Forbes first reported on this arrangement one year ago, when documents showed that Trumps companies had taken in $1.1 million of campaign-donor money. By the end of 2018, that figure had climbed to $1.3 million. Subsequent disclosures show that more than $450,000 flowed into the Trump empire from January to September of this year.
The biggest beneficiary has been Trump Tower Commercial LLC, which controls the presidents famed Manhattan skyscraper. Trump still owns the entity, which has accepted $1.2 million in rent from the reelection effort and another $225,000 from the Republican National Committee. Since Trump became president, an estimated 1.6% of the towers revenue has come from either the RNC or the reelection campaign. The majority of Trump Towers income comes from Gucci, which leases 49,000 square feet of prime retail space on Fifth Avenue for roughly $21 million a year.
In the basement of Trump Tower, a much smaller space now serves as an official campaign store, selling hats, T-shirts, signs and other memorabilia. The rent payments for that space could be flowing through an entity called Trump Restaurants LLC, which has taken in $87,000 of rent since Trump became president. On a price-per-square-foot basis, the campaign may be paying more for that basement space than Gucci is paying for its street-level location upstairs. Smaller spaces tend to command higher rates, but the payments have nonetheless raised eyebrows.
https://www.forbes.com/sites/danalexander/2019/12/06/trump-has-now-shifted-17-million-from-campaign-donors-to-his-private-business/#2975dd5677f7
Botany
(70,516 posts)And didn't Duncan Hunter Jr. plead guilty for just the same thing? Such as using private campaign donations
for personal use?
redstatebluegirl
(12,265 posts)moondust
(19,993 posts)part of the articles of impeachment? Maybe folded into "abuse of power" or something? I don't know if these campaign fund redirections are emoluments or something else.
One question that could be asked: "How many rounds of golf has pResident Trump played on golf courses that he doesn't own?"
I suspect the answer is ZERO. Because it's not so much about the golf as it is about the self-enrichment with taxpayer dollars.
Plus all the other emoluments.
Blue Owl
(50,423 posts)n/t
smirkymonkey
(63,221 posts)God I hate him so much!
struggle4progress
(118,295 posts)I use to feel alone in a crowd
but now you look around these days
and it seems there's a kool-aide sipping craze
I'm a sucker
He's a sucker
She's a sucker
We're all suckers
Wouldn't you like to be a sucker too?