Trump helped his father take improper tax deductions worth millions more. He and his siblings set up a sham corporation to disguise millions of dollars in gifts from their parents, records and interviews show. Trump because he helped his parents dodge taxes. Trump received the equivalent today of at least $413 million from his father’s real estate empire, starting when he was a toddler and continuing to this day.
Trump, provided almost no financial help.īut The Times’s investigation, based on a vast trove of confidential tax returns and financial records, reveals that Mr. Trump won the presidency proclaiming himself a self-made billionaire, and he has long insisted that his father, the legendary New York City builder Fred C. President Trump participated in dubious tax schemes during the 1990s, including instances of outright fraud, that greatly increased the fortune he received from his parents, an investigation by The New York Times has found.
