ST. NORBERT CHURCH   RATES

Socialize

Why Donald Trump Will Not Release His Tax Returns

The News York Times just broke a story that looks into the financial maze of Mr. Trump’s real estate holdings in the United States.

The investigation reveals that companies Trump owns have at least $650 million in debt — twice the amount that can be gleaned from public filings he has made as part of his bid for the White House.

The Times’s inquiry also found that Mr. Trump’s fortunes depend deeply on a wide array of financial backers, including one he has cblasted in attacks during his campaign.

The NYT cited  an office building on Avenue of the Americas in Manhattan, of which Mr. Trump is part owner, carries a $950 million loan.

Trump deals with the Bank of China, one of the largest banks in a country that Mr. Trump has railed against as an economic foe of the United States.

Finally,  Trump has current dealings with Goldman Sachs, a financial institution he has said controls Hillary Clinton, the Democratic nominee, after it paid her $675,000 in speaking fees.

See entire New York Times Story.