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Trump raked in millions in 'side income' from the Middle East while president: watchdog

  
Via:  John Russell  •  3 years ago  •  20 comments


Trump raked in millions in 'side income' from the Middle East while president: watchdog
Trump had business dealings with Saudi Arabia, Qatar, United Arab Emirates, Turkey and Kuwait while serving as president and continues to boast about his ties to those foreign nations while running again for re-election.  

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Donald Trump raked in nearly $10 million from Middle Eastern nations during his presidency, according to a government watchdog.

The former president famously declared he would donate his government salary, although it's not clear he actually did, but he made at least six times that amount – or $9.6 million – from "side income" from the Middle East while serving in the White House, according to an analysis of his tax returns by Citizens for Responsibility and Ethics in Washington.

"After Trump was elected president, he made the unprecedented decision not to divest from his business interests, and remained very much involved in the Trump Organization, creating an endless number of conflicts of interest by blurring the lines between the government and his businesses," CREW reported. "The profiteering paid off, and Trump raked in tens of millions from international business interests during his time in office."

Trump had business dealings with Saudi Arabia, Qatar, United Arab Emirates, Turkey and Kuwait while serving as president and continues to boast about his ties to those foreign nations while running again for re-election.

 
"The $9.6 million that we know Trump made from Middle Eastern countries during his presidency is likely just the tip of the iceberg," the watchdog reported. "CREW tracked conflicts of interest involving multiple countries that are not even present on his tax returns. For example, officials from Iraq, Oman and Yemen made visits to Trump properties while he was president. Because we don’t know the total cost for these visits, we did not include them in the tally."

"As the 2024 election creeps closer, foreign interests including those in the Middle East are already buying access to Trump and pouring money into his pockets," CREW added.


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JohnRussell
Professor Principal
1  seeder  JohnRussell    3 years ago

800

 
 
 
Ronin2
Professor Quiet
1.2  Ronin2  replied to  JohnRussell @1    3 years ago

Did Trump; or did his companies? 

There is a huge difference. Trump has holdings and assets in the ME. 

The former president received $5.35 million of licensing fees for a golf project in Oman, according to a federal filing that requires candidates to list their income since the start of 2022. He disclosed another $1.5 million in licensing fees from a project in the United Arab Emirates. Two projects generating $6.9 million may not sound like much for a guy worth an estimated $2.5 billion , but it meant a lot to Trump’s licensing business, which comprises a small slice of his fortune. In 2021, Trump reported less than $5 million of licensing income on his financial disclosure report.
The Oman project is part of a partnership between that country’s government and a Saudi developer. Although Trump had previously acknowledged the deal, the precise amount of money involved remained unclear until the new filing became public on Thursday.

These are Trump's companies- not himself. Trying to state he is directly receiving the money is an absolute lie.

It is not like he set up dozens of LLC's to try and hide where the money was coming from. The companies are producing something tangible with Trump's name on it. It can be tracked and accounted for.

Unlike Brandon's, Hunter's, and Brandon's brother's money coming from foreign companies and governments. What are they offering in return for these millions that they are receiving. It certainly isn't Hunter's butt ugly artwork.

 
 
 
Greg Jones
Professor Participates
2  Greg Jones    3 years ago

Biden and Hunter have bribed way more than that from the Chinese and others. Then there is the influence peddling and money laundering. 

 
 
 
Just Jim NC TttH
Professor Expert
2.1  Just Jim NC TttH  replied to  Greg Jones @2    3 years ago

I sincerely doubt that Trump actually GOT any money. His businesses, perhaps but him personally? Don't think so. Next

 
 
 
Hallux
Professor Principal
2.1.1  Hallux  replied to  Just Jim NC TttH @2.1    3 years ago

He is his businesses. 

 
 
 
bugsy
Professor Participates
2.1.2  bugsy  replied to  Hallux @2.1.1    3 years ago

No, Trump OWNS businesses, where others run them

The Bidens ARE their business.

That's the difference.

 
 
 
JohnRussell
Professor Principal
2.1.3  seeder  JohnRussell  replied to  bugsy @2.1.2    3 years ago

try making sense next time

 
 
 
Right Down the Center
Professor Participates
2.1.4  Right Down the Center  replied to  JohnRussell @2.1.3    3 years ago

Just because you don't understand does not mean he is not making sense.

 
 
 
bugsy
Professor Participates
2.1.5  bugsy  replied to  JohnRussell @2.1.3    3 years ago

[✘]

 
 
 
1stwarrior
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3  1stwarrior    3 years ago

OMG

 
 
 
Right Down the Center
Professor Participates
4  Right Down the Center    3 years ago

"Donald Trump raked in nearly $10 million from Middle Eastern nations during his presidency, according to a government watchdog."

That's all?  He might have to take advise from Biden as to how to make more money from Foreign countries.  Of course Donald made money from actual business dealings and the Bidens make money from access promises.

 
 
 
Hallux
Professor Principal
4.1  Hallux  replied to  Right Down the Center @4    3 years ago
He might have to take advise from Biden as to how to make more money from Foreign countries.

Failing that he could ask Jared.

 
 
 
Trout Giggles
Professor Principal
5  Trout Giggles    3 years ago

Will he be prosecuted?

No

 
 
 
bugsy
Professor Participates
5.2  bugsy  replied to  Trout Giggles @5    3 years ago

Of course not.

Why should he be?

 
 
 
Right Down the Center
Professor Participates
5.3  Right Down the Center  replied to  Trout Giggles @5    3 years ago

Did he break the law?

 
 
 
Just Jim NC TttH
Professor Expert
5.3.1  Just Jim NC TttH  replied to  Right Down the Center @5.3    3 years ago

That would be a resounding no.

 
 
 
Jack_TX
Professor Quiet
5.4  Jack_TX  replied to  Trout Giggles @5    3 years ago
Will he be prosecuted? No

Not to rain on the parade again, but did he actually commit a crime?

What we know so far is that a liberal political group has made an accusation without any documentation.  Hardly seems worthy of prosecution.

 
 

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