Trump Makes Less Than $500K A Year???

Donald Trump claims he has ten billion dollars. The facts indicate he has less than one billion. He’s been qualifying for a tax break designed for the middle class for several years now. Cenk Uygur, host of The Young Turks, breaks it down. Tell us what you think in the comment section below. "Donald Trump's New York City property tax bill, published June 3, shows he once again received a tax break aimed at middle-class New Yorkers. The presumptive GOP presidential nominee’s latest property tax bill shows he was awarded a credit under the STAR program, or the New York State School Tax Relief Program. To be eligible for STAR, a married couple must have annual income of $500,000 or less. You wouldn’t think a guy as rich as Trump claims to be would qualify, but he has received the credit for several years and records filed over the weekend with the city’s Department of Finance show he received a $304 STAR tax break for his Trump Tower penthouse. While the amount of the credit is trivial for a high-roller, the fact that Trump gets it calls into question his claims that he's "really rich" with a fortune worth in excess of $10 billion. Trump's tax bill comes to around $96,611 after receiving a condo abatement worth $20,493.”* Read more here: http://www.crainsnewyork.com/article/20160606/BLOGS02/160609931/trumps-persistent-mystery-once-again-the-billionaire-gets-a-middle Hosts: Cenk Uygur Cast: Cenk Uygur *** The Largest Online News Show in the World. Hosted by Cenk Uygur and Ana Kasparian. LIVE STREAMING weekdays 6-8pm ET. http://www.tytnetwork.com/live Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. Young person who rebels against authority or societal expectations. (American Heritage Dictionary) Download audio and video of the full two hour show on-demand + the members-only post game show by becoming a member at http://www.tytnetwork.com/join/. Your membership supports the day to day operations and is vital for our continued success and growth. Get The Young Turks Mobile App Today! Download the iOS version here: https://itunes.apple.com/us/app/the-young-turks/id412793195?ls=1&mt=8 Download the Android version here: https://play.google.com/store/apps/details?id=com.tyt

Comments

1. More like $150 million a year. Thanks Mr Maddow.
2. I thought it was established that he has 3 Billion? Why would it have dropped that fast?
3. you people are listening to Fox news
4. you people are listening to Fox news
5. Omg is trump the biggest piece of shit ever? I vote yes.
6. maybe the return never existed and you're full of shit young turks as always.
7. Crooked Trump
8. The Trump organization has a income of 490 mill so he is rich and he made over 185 million on The apprentice so I don't understand
9. My guess would be that he's probably the world's worst investor. Completely incompetent.
10. He's never been bankrupt. Four of his companies have declared bankruptcy. There is a difference. Learn it.
    
    Damn, so many people need to get some basic understanding of business and accounting. That would likely go a long way to solving the USA debt crisis!
11. He just turned down the 400k salary. Enough said.
12. Heh... and now you know his almost $1bn loss has granted him the opportunity to do precisely what he has been doing while still raking in a lot of money and paying no Federal tax.
    
    Dumbass.
13. You say it's not worth billionaires time to save 300 dollars. how do you think they got to that position? even if it's a penny it's still money and I will always pick it up. a billionaire sees 300 dollars as an investment that can turn into thousands and possibly millions. that's how successful people think. if you've ever been around a millionaire they are usually the most conservative. my grandfather had millions to his name and he would still pick up pennies.
14. ha. he's not even excepting the salary for president
15. the guy will save your bitch ass lives and your picking holes in him.
16. he said he would declined the pay of 400k per year being president instead he wants to be paid 1 dollar a year. that says a lot about his taxation policy
17. You estimate based on what's in the news? hahaha dumbest thing I've ever heard
18. New York is a democratic state, Trump's reputation at the end of all this will be completely decimated beyond repair in the state