The 'self-made' man 1) inherited a real-estate empire and 2) got massive taxpayer support

[kpete]

The way Donald J. Trump tells it, his first solo project as a real estate developer, the conversion of a faded railroad hotel on 42nd Street into the sleek, 30-story Grand Hyatt, was a triumph from the very beginning.

The hotel, Mr. Trump bragged in “Trump: The Art of the Deal,” his 1987 best seller, “was a hit from the first day. Gross operating profits now exceed $30 million a year.”

But that book, and numerous interviews over the years, make little mention of a crucial factor in getting the hotel built: an extraordinary 40-year tax break that has cost New York City $360 million to date in forgiven, or uncollected, taxes, with four years still to run, on a property that cost only $120 million to build in 1980.

MORE:
http://www.nytimes.com/2016/09/18/nyregion/donald-trump-tax-breaks-real-estate.html?hp&action=click&pgtype=Homepage&clickSource=story-heading&module=first-column-region&region=top-news&WT.nav=top-news&_r=0

[Wellstone ruled]

1. Trump was and never will be a self made man.

Just a member of the Lucky Sperm club and in that he is a failure to better his families place in society.

[PJMcK]

3. LUCKY SPERM CLUB!!! ^^^^^^^^^^^^^^^^^

Donald Trump would be far more wealthy if he had done nothing but put his inheritance in an index fund.

He is an idiot. And so is anyone who would vote for him.

[Wellstone ruled]

4. So true,

but the Slugs Ego took over and the rest is making history.

[underpants]

2. I would HIGHLY advise reading this Trumpology

Politico

[Moliere]

5. And still went bankrupt 3 times

What a pathetic excuse for a business person, or person for that matter.

[gratuitous]

6. And he had the gall to pick off $150,000 in 9/11 funds

For someone who claims to be worth TEN BILLION DOLLARS, that's like stealing coins out of a beggar's cup.

[GWC58]

7. tRump is no more a

self made man or "real estate mogul" than Mr. Oz is a practicing MD.

[spanone]

8. from a to z he's a fraud.