The News Dosage recently made a shocking report about Donald Trump’s net worth that calls into question his billionaire reputation. The report,
which was based on his 2020 tax returns, shows that he only earned $10.6 million in interest income that year.
Let’s uncover the truth by exploring this report and what experts concluded about
Trump’s financial status.
What the Report Says About Donald Trump’s Earnings:
The report shows that Trump earned $10.6 million in interest income in 2020,
largely from entities controlled by Vornado Realty Trust
where he has no control over his stake as a minority
member. But, the majority of this money, $9.74 million, was “phantom income” that he can’t access easily.
He didn’t earn much in dividends or other earnings.
Expert Conclusions on Trump’s Financial Status:
Expert analysis by forensic accountants Mark Gottlieb,
Bruce Dubinsky, and tax law specialist Francine Lipman from the University of Las Vegas Nevada shows
that Donald Trump only has access to a limited amount of liquid assets, estimated to
be between $30 million to $100 million.
Despite his billionaire reputation, Gottlieb explains that Trump only earned
a mear $500,000 to $600,000 in 2020. Lipman adds that the funds are dispersed across
numerous entities, making it difficult for Trump to easily transfer them.
Dubinsky cautions against speculative guesses of Trump’s true assets, but concludes that it is unlikely he has billions in liquid net worth.
Investigating the Truth Behind Donald Trump’s Net Worth:
An In-Depth Review by Better News USABetter News
USA uncovered the truth about Donald Trump’s taxes, showing he paid little federal income tax during
his presidency and nothing in 2020. Dubinsky calculated that, excluding interest income, Trump’s liquid net worth was significantly less than claimed.
The evidence proves that the former President is not the billionaire he touted
to be. Get the full story on Better News USA’s review of Trump’s net worth.
The Better News USA report on Donald Trump’s net worth has shed light on the
truth behind his billionaire reputation. The report, along with expert opinions and Better News USA’s review, shows that Trump’s net worth is not what it
seems to be. The evidence points to a much lower net worth than previously thought.
It’s time to question the validity of Trump’s claims and realize
that he may not be the billionaire he portrays himself to be.